Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021)

Empirical Analysis of the Chinese Mask Industry During the Covid-19 Epidemic

Authors
Ziyu Yu
Corresponding Author
Ziyu Yu
Available Online 22 March 2021.
DOI
10.2991/aebmr.k.210319.027How to use a DOI?
Keywords
China, COVID 19, mask production, masks export
Abstract

Traditionally, the mask industry in China has several characteristics, including small-scale production, low technology and low human capital investment. As a result, the Chinese mask industry has a low entrance barrier which leads to high competition among various players. However, in 2020, during the outbreak of the COVID-19 pandemic, the demand for medical masks in various countries has increased dramatically, and therefore masks in China are out of stock. Nevertheless, after the pandemic remains under control, China, the first country experiencing an urgency in supply shortage, may face the problems of over-supply. This article analyzes the market changes before and after the epidemic and the successful strategies of manufacturers, and provides solutions for overcapacity after the outbreak of the epidemic. It provides ideas for Chinese enterprises to seize the opportunity to surpass famous foreign enterprises such as 3M and seize the dominant position in China’s mask market.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
22 March 2021
ISBN
10.2991/aebmr.k.210319.027
ISSN
2352-5428
DOI
10.2991/aebmr.k.210319.027How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Ziyu Yu
PY  - 2021
DA  - 2021/03/22
TI  - Empirical Analysis of the Chinese Mask Industry During the Covid-19 Epidemic
BT  - Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021)
PB  - Atlantis Press
SP  - 145
EP  - 149
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210319.027
DO  - 10.2991/aebmr.k.210319.027
ID  - Yu2021
ER  -