China’s Economic Recovery and Foreign Trade Development Under the Global Epidemic
2020 saw the Chinese economy decline by 6.8% in the first quarter, turn from negative to positive growth of 3.2% in the second quarter, grow by 4.9% in the third quarter and 6.5% in the fourth quarter. The Financial Times analyzed that swift and effective preventive and control measures helped China to contain the epidemic, making it the only major economy to achieve positive growth in 2020.