New virus “Economic impact is short-term target is achievable” Chinese official February 24, 14:27
Government officials in charge of China's economic policy have maintained their bullish stance that they could achieve their economic policy goals by saying that the effects of the spread of the new coronavirus on the Chinese economy were "short-term." I did.
The spread of the new coronavirus infection has forced many service businesses, such as restaurants, to take long-term leave in China, and the manufacturing industry has seen a significant delay in resuming production.
A secretary-general of the National Development and Reform Commission, Chief of the National Development and Reform Commission, which oversees economic policy in the Chinese government, said in a news conference on Friday that "the economic impact of the spread of infection is temporary and short-term. Consumption is lost. Rather, it was procrastination. "He acknowledged that the impact on the economy was limited.
In addition, in the case of SARS, a new type of pneumonia in 2003, citing an example of a rapid recovery in consumption after the epidemic had subsided, he said, "If infection spreads, demand will return to nature. Take measures steadily. We believe that this will help us achieve our economic and social policy goals, "he said.
However, some private economic analysts and others have analyzed that the effects of the new coronavirus on the economy are more extensive than at the time of SARS, and some are skeptical of the government's perception.