A Study on the Policy Adjustment of Urban Street Vendor Management in the Post Epidemic Era-A Case of Corrective Action of Sijing Night Fair in Shanghai

Yunran Wang ()
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Yunran Wang: Aquinas International Academy

A chapter in Proceedings of the 2024 3rd International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2024), 2024, pp 174-184 from Springer

Abstract: Abstract In the post-epidemic era of COVID-19, the global economy faces significant challenges, including rising unemployment and reduced consumption. Affected by both international and domestic factors, China’s economy has been hit hard, many enterprises have gone bankrupt, some foreign-funded enterprises have moved away, unemployment has soared, and consumption and expectations have been downgraded. At the 2020 two session, the country made it clear that the top economic priority of expanding domestic demand. The street vendor economy can make up for the problem of formal employment to a certain extent, drive the happiness of urban residents. Through a literature review, a field survey and a detailed case study of the Sijing Night Fair in Shanghai, this study examines the role of the street vendor economy in the city and its importance, especially its potential to alleviate formal employment problems to a certain extent and to enhance the well-being of urban residents. The findings analyze the impact and effectiveness of refined management strategies on Shanghai’s street vendor economy and look at future policy adjustments to promote the sustainable development of the sector.

Keywords: Street Vendor Economy; Sijing Night Fair; Urban Employment; Post-Epidemic Era; Urban Policy Adjustment; Street Vendor Management (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-548-5_21

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