IMPACT OF SARS ON THE CHINA ECONOMY: By Asia-Pacific Economic Cooperation (APEC)

摘要

On 16 August 2003, the last SARS patient in China was fully recovered and I there have been no new SARS patients since then in China, the health ministry of China has announced. However, the SARS outbreak did have some negative impact on the economy.The economic growth rate was 6.7% in the second quarter, 3.2% lower than in the first quarter of 2003, and the lowest growth rate in the second quarter since 1992. Some sectors are seriously impacted. The total amount of transportation (people) decreased 23.9%. The total sale of goods in the second quarter increased 6.7%, much lower than 9.2% in the first quarter.