Empowering postponed worker closures in Chinese cities: A comprehensive analysis
1.1. reposted content summarizes the 2022 economic disruption caused by the COVID-19 pandemic in China, highlighting the losses to businesses, consumers, and society.
The 2022 financial year saw significant global supply chain disruptions, including officeopens and closures, which have affected production and job creation across more than 50 regions in Mainland China.
Despite efforts, the 2022 fiscal year marked a low point for enterprises, constructing only 33% of their expected output in 2022, opposed by many leaders who questioned the pandemic’s impact on the economy.
According to Chinese leader Xi Jinping, the whole country is still fighting the pandemic, and the efforts are focused on the future. This line of thought is common among Chinese leaders across the nation, who believe that the pandemic is a temporary event and that the real estate market can eventually recover.
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