What is the impact of the three-year epidemic on the offline real economy?

The three-year epidemic has had a great impact on the offline real economy, and individual merchants in the offline real economy are in danger of making ends meet or even closing down. For industries that rely heavily on offline production, such as manufacturing, industry and agriculture, and offline service industries such as restaurants and shopping malls, the home isolation action of the whole society has pressed the pause button for these real economies.

The COVID-19 epidemic has done great harm to the real economy. The traditional service industry has almost completely stopped, and the hotel tourism industry as a whole is in a state of suspension, as are the transportation and catering industries. These industries have suffered great losses and are in a passive operation stage. Just like the Spring Festival, the Spring Festival is a traditional festival in China. Originally, the Spring Festival was the peak of tourism in China, but judging from the epidemic situation, the epidemic basically prevented the opening of tourism during the Spring Festival at that time. Moreover, the Spring Festival is also a concentrated period of food consumption, and the epidemic situation has made it impossible to hold almost all large-scale dinners, which has brought a devastating blow to the catering industry.

It also has a great impact on industry. For example, in epidemic areas or high-risk areas, many factories stop production, the goods piled up in the factories can't be sold or the buyers' orders can't be completed as agreed, which leads to the buyers' failure to operate normally, the funds in the factories can't be turned over, and the wages of workers can't be paid on time.

Due to the spread of COVID-19, the prevention and control reports issued by the state or provincial and municipal governments require all major entities to purchase or install prevention and control facilities, and the real economy is even more unable to make ends meet. Consumers strictly carry out personal epidemic prevention and control, isolate themselves at home, and keep a distance of more than one meter when going out. High incidence areas and epidemic areas are closed to cities, districts and villages, which is a heavy blow to the real economy.

The epidemic has a great impact on all industries in the real economy, and the arrival of COVID-19 has a great negative impact on the real economy. The two are closely linked.