Study on the impact and Countermeasures caused by International Public Health Emergency response measures-- based on COVID-19

Abstract

The outbreak of novel coronavirus puts China at risk of economic downturn. In addition, with the concentrated outbreak of the epidemic in the world, especially in developed economies, there is still a lot of uncertainty about global economic growth. International public health emergencies and their responses, especially the impact of global infectious diseases, are not limited to the medical sector. Therefore, this paper will focus on and explore its impact on the international free trade system, supply-side, supply chain security and efficiency, and international finance. And the author finds that infectious diseases may promote the accelerated rise of non-contact commerce and trade in services, and promote the transformation and upgrading of China’s foreign trade. This paper quantitatively analyzes the use of e-commerce platform of college students during the epidemic through SPSS statistical software, and finds that international public health emergency response measures not only have an impact on the trade supply side, but also have an asymmetric impact on the demand side. The epidemic will also boost China’s e-commerce platform new business type. At last, through the above analysis, the paper puts forward measures and suggestions that can reduce the impact of such incidents on China’s economy, and improve the control system of international public health emergencies in China.