The Center for Enterprise Research and the Institute of Social Science Survey at Peking University, in collaboration with Ant Group Research Institute, conducted a new wave of Online Survey of Micro- and Small-Enterprises (OSOME) in March 2021.

With increased focus on the shortfall in learning outcomes around the world (the “learning crisis”!), one might assume that just about every child is in school, or at least that every young child is in primary school.

This paper examines both the short-term and mid-term impact of COVID-19 restrictions on small and medium-sized enterprises (SMEs), based on two waves of phone interviews with a previously surveyed large SME sample in China.