Economic Recovery from COVID-19 Impact

China has implemented a strict quarantine policy and launched a full-scale campaign to prevent and contain COVID-19 since its outbreak. China’s economy had thus paid a heavy price from January to February, seeing the most serious economic decline over the past four decades. As the country effectively brings the epidemic under control, China’s economy has started to gradually recover as a whole. The significant recovery of industrial production and investment along with other upbeat economic data in March show that China’s economy is gradually returning to the normal.