Research on the Sustainable Development of China’s Street Vendor Economy

Proceedings of The 6th International Conference on Business, Management and Economics

Year: 2022

DOI:

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Research on the Sustainable Development of China’s Street Vendor Economy

Mingxuan Zhang, Qi Yanyuan, Xiaoman Li

 

ABSTRACT: 

The street vendor economy increases employment, stimulates the economy, and helps economic recovery and development. In the post-epidemic period, it is important to achieve the sustainable development of street vendor economy to stimulate the national economy. Based on PEST theory and SWOT theory, we analyze the street vendor economy from four aspects, starting from the macro environment and current situation of street vendor economy development; combining foreign experience and China’s domestic situation, we propose development strategies for sustainable development of street vendor economy by using four strategies of SO, ST, WO and WT.

keywords: China’s street vendor economy, PEST analysis, SWOT analysis, sustainable Development.