The Impact of the Coronavirus on the Short-term and Long-term of Chinese Infrastructure Industry

Abstract

In today's world, many countries are suffering from the epidemic caused by the coronavirus. In this case, China's construction projects will be delayed, which is caused by a series of factors, such as the characteristics of the industry itself and the quarantine policies. In order to further investigate the short-term and long-term effects of the epidemic on the industry, the author analyzed the characteristics of the industry and the requirements of the policies. Through literature research, it can be concluded that the output of the construction industry will decline in the short term, which will lead to financing difficulties; however, in the long run, the industry will operate smoothly in a larger market.