The Impact of Covid-19 on International Trade in China- Industry Review in the YRD and the PRD

Abstract

Since the Covid-19 pandemic raged on a global scale, the trade of various countries has been affected to varying degrees. China faces significant challenges as one of the top countries in international trade. Although the epidemic situation in most countries around the world has improved significantly and trade levels are gradually resuming, China's trade is still affected by the domestic ‘Dynamic Covid-Zero’ policy and cannot return to pre-epidemic levels. The Yangtze River Delta and the Pearl River Delta are the most representative economic zones in China, their import and export trade are greatly influenced. The authors examine various facts and information in order to solve concerns produced by Covid-19 and Chinese policy in a variety of industries in international trade, and they also give some solutions. In this paper, the authors focus on (1) the overall current state of international trade in China; (2) Chinese policy of the government responses to the Covid-19 (3) the current state of the textile industry in the Yangtze River Delta, data analysis, and internal and external challenges; (4) the current situation of the Pearl River Delta's electronics manufacturing business, data analysis, and internal and external challenges; and (5) possible solutions from the government perspective.