According to the data, the retail sales of Chinese retail and catering companies in the Spring Festival of 2019 reached about 105 billion yuan, exceeding the 1 trillion yuan mark for the first time.

Therefore, the “Golden Week” of the Spring Festival of the Year of the Rat in 2020 is also highly anticipated by all parties.

However, the unexpected outbreak of the new crown pneumonia epidemic made the whole country “home”, and the consumer industry, mainly transportation, tourism, catering and entertainment, was the first to bear the brunt. Other industries also suffered losses due to isolation, postponed resumption and other factors.

Some people are worried about “will the economy decline after the epidemic?”

Historically, whether it is “Shanghai hepatitis A”, “SARS”, “American flu”, “Brazilian Zika” and other epidemic situations, it has indeed had a significant impact on the consumer industry.

However, in the long run, the impact of the epidemic on the overall economy is short-lived.

With the control of the epidemic, consumption will gradually recover; related fiscal and tax policies introduced during the epidemic will also reduce the impact of the epidemic on the economy; the “new economy”, “new business models” and “new business models” spawned by the epidemic will also Will become a new point of economic growth.

More importantly, China’s economic volume and market self-regulation ability are also stronger than ever.

So do n’t worry, the epidemic will pass and we will turn the crisis into an opportunity!