COVID-19 on Small Catering Businesses - Analysis of Negative Impacts and Recommendations

DOI

10.2991/978-94-6463-036-7_125How to use a DOI?

Keywords

Small Catering Businesses; Policies; Covid-19; Economics

ABSTRACT

During the “Golden Week” of the Spring Festival in 2020, the catering industry suffered losses due to the impact of Covid-19. Many catering enterprises, especially small and medium-sized catering enterprises, are facing severe cash flow pressure, which has led to bankruptcy. In this regard, in order to revive the catering industry, the Chinese government has formulated and issued some policies to help the catering industry overcome the crisis, including rent reduction, lending, tax reduction, and other policies. However, most of the policies have some drawbacks. Therefore, for small catering enterprises, this paper mainly uses the method of Literature Review, focuses on the discussion of three existing policies and their shortcomings, and puts forward two policy suggestions.

Copyright

© 2022 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Mijia Xiong
PY  - 2022
DA  - 2022/12/31
TI  - COVID-19 on Small Catering Businesses - Analysis of Negative Impacts and Recommendations
BT  - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
PB  - Atlantis Press
SP  - 851
EP  - 855
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-036-7_125
DO  - 10.2991/978-94-6463-036-7_125
ID  - Xiong2022
ER  -