The impact of epidemic on trade

Novel coronavirus pneumonia is one of the most serious infectious diseases in the past century, and the most serious global crisis since the end of the cold war. The impact of the epidemic on the world economy has exceeded the 2008 international financial crisis, affecting the global economic development and security situation, the Boao forum for Asia has recently released. It will accelerate the evolution of international relations and international order, put forward new requirements for the reform of the global governance system, and promote the in-depth adjustment of the globalization process. The epidemic situation urges all countries to strengthen their governance systems and capabilities, accelerate the change of social outlook, and highlight the coexistence of vulnerability and development resilience of human society.

The report points out that the epidemic is the first real "global epidemic" in terms of transmission and response. The epidemic spread to more than 210 countries and regions in the world in three months, affecting nearly 7 billion people. The rapid spread of the epidemic is the result of the cross-border flow of people in the era of globalization, the long incubation period of the virus and the presence of a large number of asymptomatic infected people. At the same time, globalization is also the basis for countries to fight against the epidemic. Information on the epidemic situation is exchanged all over the world, and epidemic prevention materials are transported rapidly around the world. For the first time in human history, the initiative to press the "pause button" of the global economy for the prevention and control of infectious diseases has marked the epidemic with a distinct "globalization" brand.

The novel coronavirus pneumonia is a comprehensive challenge, which has impacted human health, economic growth, social development, national security and international relations. On the whole, the post epidemic world is unlikely to be fundamentally and subversively different. However, it is obvious that the epidemic will bring a lot of significant changes to the world. It not only intensifies some negative ideas, but also accelerates some positive trends. Its impact can not be generalized. On the whole, it will accelerate the world change and make the international situation more complicated. The problems that existed before the epidemic, such as intensified competition among big powers, repeated problems in global cooperation, and the spread of populism, will become more significant after the epidemic.