The Dilemmas and Improvement Strategies of China’s Informal Economy in the Post Epidemic Era

Abstract

This research explores the development trend of the informal economy after the Covid-19 pandemic and the ways to avoid the increase informal economy. The paper discusses the development process of the informal economy, the difficulties it faces, and the causes of its emergence. Based on the detailed analysis of the current situation of informal economy and its possible impact on society, this paper points out that solutions should be implemented from the perspectives of government, enterprises and individuals, which prevent the informal economy from growing at an uncontrollable rate. For example, once the government’s five insurance policies are formulated and laws and regulations are publicized; And the way enterprises treat new technical talents have affected the informal economy to some extent. The research of this paper will increase the understanding and attention of the society to the informal economy. Providing some substantial improvement strategies for the current informal economic system will help more people benefit from the regulated economic system.