As novel coronavirus COVID-19 spreads around China, small businesses will be very likely hit hard in the country. According to a survey on the epidemic impact on business in China released in the early February 2020, labor costs and social security contributions was the major financial burden for Chinese enterprises during the virus outbreak period, as confirmed by nearly 63 percent of the surveyed companies.
Share of enterprises facing financial pressure during the outbreak of coronavirus COVID-19 in China as of January 2020, by type
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Sina.com.cn. (February 5, 2020). Share of enterprises facing financial pressure during the outbreak of coronavirus COVID-19 in China as of January 2020, by type [Graph]. In Statista. Retrieved May 10, 2024, from https://www.statista.com/statistics/1095540/china-major-financial-pressure-among-enterprises-in-covid-19-epidemic-period-by-type/
Sina.com.cn. "Share of enterprises facing financial pressure during the outbreak of coronavirus COVID-19 in China as of January 2020, by type." Chart. February 5, 2020. Statista. Accessed May 10, 2024. https://www.statista.com/statistics/1095540/china-major-financial-pressure-among-enterprises-in-covid-19-epidemic-period-by-type/
Sina.com.cn. (2020). Share of enterprises facing financial pressure during the outbreak of coronavirus COVID-19 in China as of January 2020, by type. Statista. Statista Inc.. Accessed: May 10, 2024. https://www.statista.com/statistics/1095540/china-major-financial-pressure-among-enterprises-in-covid-19-epidemic-period-by-type/
Sina.com.cn. "Share of Enterprises Facing Financial Pressure during The Outbreak of Coronavirus Covid-19 in China as of January 2020, by Type." Statista, Statista Inc., 5 Feb 2020, https://www.statista.com/statistics/1095540/china-major-financial-pressure-among-enterprises-in-covid-19-epidemic-period-by-type/
Sina.com.cn, Share of enterprises facing financial pressure during the outbreak of coronavirus COVID-19 in China as of January 2020, by type Statista, https://www.statista.com/statistics/1095540/china-major-financial-pressure-among-enterprises-in-covid-19-epidemic-period-by-type/ (last visited May 10, 2024)
Share of enterprises facing financial pressure during the outbreak of coronavirus COVID-19 in China as of January 2020, by type [Graph], Sina.com.cn, February 5, 2020. [Online]. Available: https://www.statista.com/statistics/1095540/china-major-financial-pressure-among-enterprises-in-covid-19-epidemic-period-by-type/