The Innovative Development Strategy of Service Trade in Wuhan Based on SWOT Analysis In the Context of Sino-US Trade Friction and The COVID-19 Pandemic

Abstract

The negative impact of Sino-US trade friction on China and Wuhan’s economy, politics, trade and many other fields is extensive and profound, and the COVID-19’s outbreak has exacerbated this impact. Under these circumstances, this paper analyzes the strategic situation of Wuhan’s service trade based on SWOT analysis. Accordingly, this paper puts forward countermeasures for the innovative development of service trade in Wuhan.