When we entered the 2nd quarter of 2020, the world faced more widely spread Covid-19 pandemic. While China gets better and better with respect to Covid-19 control nationwide, its whole year economic outlook is still full of uncertainties. Chinese local governments are trying their best to stimulate local economies by promoting consumption. With a medium term measure, Chinese central government puts the investment on infrastructure once again on its agenda.

The aim of all measures taken by both Chinese central government and local governments is to mitigate the heavily negative impacts by the virus on national economy and to keep its unemployment rate at a comparatively low level.