The Chinese University of Hong Kong-Tsinghua University Joint Research Center for Chinese Economy 清華大學-香港中文大學中國經濟聯合研究中心 - COVID-19 Thematic Report No.4: Post-Lockdown Economic Recovery in China: April and May The Chinese University of Hong Kong-Tsinghua University <br/>Joint Research Center for Chinese Economy 清華大學-香港中文大學中國經濟聯合研究中心
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COVID-19 Thematic Report No.4: Post-Lockdown Economic Recovery in China: April and May
Qin Chen, Zhiguo He, Chang-Tai Hsieh, Zheng (Michael) Song

This letter documents several facts of China’s post-lockdown economic recovery in April and May. The main findings are summarized as follows.

(1) Truck flows and online consumption suggest a strong recovery.

(2) The recovery of online job posts stagnated.

(3) Smaller firms cut online job posts more dramatically in the first quarter. Such asymmetry became less pronounced in April.

527
0040
COVID-19 Thematic Report No.4: Post-Lockdown Economic Recovery in China: April and May
Qin Chen, Zhiguo He, Chang-Tai Hsieh, Zheng (Michael) Song

This letter documents several facts of China’s post-lockdown economic recovery in April and May. The main findings are summarized as follows.

(1) Truck flows and online consumption suggest a strong recovery.

(2) The recovery of online job posts stagnated.

(3) Smaller firms cut online job posts more dramatically in the first quarter. Such asymmetry became less pronounced in April.

527