Research on How Live Streaming Helps Revive the Chinese Economy under COVID-19

Abstract

Since 2019, the epidemic has been the focus of people in all countries. Until now, it continues to frustrate economic development, human health, and social stability. How to help the economy recover under the epidemic has become a daunting task with far-reaching significance in this era. This paper focuses on China, where live streaming is prevalent, and thus explores how it has helped revitalize the Chinese economy. The research method is to cite the data brought by various live streaming platforms and government department reports to illustrate the contribution and importance of live streaming. Finally, this paper demonstrates that live streaming has the potential to make an outstanding contribution to the revitalization of the Chinese economy, including eradicating poverty in rural areas, stimulating consumption and taxation, and promoting the transformation of the economy.