Study on the Formalized Development of the Street Stall Economybased on Domestic and International Experiences and Perspectives

Abstract

The ground-floor economy has a long history as a significant part of the informal economy. Due to the dependence on its own social status and relationship to the government's political and economic objectives, it has developed precariously in recent years. In the face of post-epidemic problems, a shortcut is to learn from international experience. This paper used the structural theory and drew from the secondary data, demonstrating the background of informal economy and exploring the rational ways to maintain and develop street vending. Spatialization, legalization and network digitization are proven international approaches, which display the empirical and theoretical implications to urban practice and studies.