Time for bookstores to turn the page
China DailyCITIC bookstore Brick-and-mortar bookstores have developed steadily in recent years with the help of government support, but the situation changed when 2020 was ushered in by the novel coronavirus outbreak. According to a recent survey by Beijing Normal University of 248 brick-and-mortar bookstores in the capital, more than 56 percent have closed without any immediate plans to reopen. Forty-eight percent of the bookstores said their cash reserves can sustain them for one to three months, while 27 percent said they cannot hold on for more than a month. According to a recent survey by the Printing and Distribution Bureau of the national body in charge of publishing, 90.7 percent of brick-and-mortar bookstores in China have suspended their operations.
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