Insights

PwC’s point of view

The outbreak of COVID-19 has brought upon unprecedented challenges, and is expected to have a significant impact on China's economic development this year. Based on the current situation, PwC analysed the pandemic’s impact on China’s economic growth and on individual industries, and proposed countermeasures and recommendations for the country’s policies.

Thomas Leung

Managing Partner - Markets, PwC China

+[86] (10) 6533 2838 / +[852] 2289 8288

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Elton Huang

Partner, PwC China

+[86] (21) 2323 3029

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Xing Zhou

Managing Partner, North China Markets Leader, Beijing Office Lead Partner, Diversity Leader, PwC China

+[86] (10) 6533 7986

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Industry insights

China’s Lunar New Year Golden Week was expected to bring promising sales to businesses, but the sudden outbreak of COVID-19 has impacted many industries in varying degrees. The challenges caused by the pandemic have affected the operation and business performance of many industries in the short run. The resulting uncertainties will bring deeper impact in the long term. The crisis have prompted many industry players and management to re-examine and refine business development plans in the medium to long-term in order to accelerate transformation. 

Jia Xu

Pharma and Healthcare Industry Leader, PwC China

+[86] (10) 6533 7734

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Amy Cai

Sustainability Managing Partner, PwC China

+[86] (21) 2323 3698

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Margarita Ho

China Banking and Capital Markets Leader, PwC China

+[86] (10) 6533 2368

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Michael Cheng

Asia Pacific, Mainland China and Hong Kong Consumer Markets Leader, PwC China

+[852] 2289 1033

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Jennifer Ye

Mainland China Consumer Markets Leader, PwC China

+[86] (21) 2323 3325

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For more details, please contact our partners in each article.

Vincent Cheuk

China Assurance Markets Leader, PwC China

+[86] (10) 6533 2010 or +[86] (755) 8261 8871

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Cimi Leung

Partner, PwC China

+[86] (20) 3819 2997

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Spencer Chong

China Tax Markets Leader, Shanghai, PwC China

+[86] (21) 2323 2580

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Roger Liu

Mainland China and Hong Kong Private Equity Leader, Advisory Markets Leader, Advisory North Leader, PwC China

+[86] (21) 2323 3951

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Johnny Yu

Workforce Advisory Leader, PwC China

+[86] (10) 6533 2685

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PwC’s corporate responsibility

PwC is actively fulfilling our corporate responsibility by supporting prevention and control measures in affected areas. We have set up a crisis response team to provide manpower and resources, track the status of the pandemic, assess demand gaps and select the most effective way to make donations. Moving forward, we will continue to provide various means of material and monetary donations to assist residents in affected areas. 

Elton Huang

China Tax Lead Partner, Central China Markets Leader, Shanghai Office Lead Partner, PwC China

+[86] (21) 2323 3029

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Douglas Johnson

Director, Corporate Sustainability, PwC Hong Kong

+[852] 2289 1737

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