Research on the Impact of the COVID-19 on Small and Medium-sized Enterprises in China

Abstract

The global economy has been hit hard by the COVID-19 epidemic that broke out in late 2019. China is particularly important since it is both the core of the pandemic and a major player in the global economy. This paper examines how the epidemic of COVID-19 affected China's SMEs, discussing the role these companies play in the country's economy, the difficulties they encountered, and the solutions they came up with. The research used qualitative methods to report the findings and present a discussion. This paper is based on a collection of papers retrieved from Google Scholar, using keywords such as China, COVID-19, etc. After reading the titles of each article with these keywords, this paper has chosen numerous articles to do the content analysis. On the basis of findings, it can be concluded that the COVID-19 pandemic had a significant impact on China's SMEs, exposing weaknesses in their operations and stressing the need for government assistance.