| Summary/Abstract |
China is one of the world's largest manufacturers, exporters, foreign investors, and consumer markets. In recent years, the country's economy has been influenced by domestic and foreign factors, the transformation of the world economy, and trade wars with the United States. A new coronavirus pandemic that would spread gradually around the world began at the start of 2020, designated as the target year to finish creating a comprehensive moderate prosperity society (xiaokang shehui) in China, victory over poverty, and the end of the 13th Five-Year Plan period (2016-2020). This massive event would greatly impact the lives of people and the economy of such a densely populated and economically powerful country as China. This article considers the degree to which the new disease affected the development of the economy of its leading economic center, Guangdong Province, in 2020.
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