Trends in China’s pharmaceutical market during the COVID-19 epidemic

The COVID-19 epidemic has had a significant impact on the Chinese pharmaceutical market, leading to substantial changes in demand, production, supply, and market size. This study aims to analyze the impact on the Chinese pharmaceutical market by examining the evolving market trends during the COVID-...

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Main Author: Nie Shilin
Format: Article
Language:English
Published: EDP Sciences 2024-01-01
Series:SHS Web of Conferences
Online Access:https://www.shs-conferences.org/articles/shsconf/pdf/2024/08/shsconf_icdde2024_01010.pdf
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author Nie Shilin
author_facet Nie Shilin
author_sort Nie Shilin
collection DOAJ
description The COVID-19 epidemic has had a significant impact on the Chinese pharmaceutical market, leading to substantial changes in demand, production, supply, and market size. This study aims to analyze the impact on the Chinese pharmaceutical market by examining the evolving market trends during the COVID-19 epidemic. Through relevant literature and data, the following conclusions are drawn: the Chinese pharmaceutical market has undergone significant changes in demand, production, supply, price, and scale due to the epidemic. These factors not only posed considerable challenges to the Chinese pharmaceutical market during the epidemic, prompting the government and enterprises to implement a series of policies to overcome these difficulties, but also presented opportunities and challenges for the development of the Chinese pharmaceutical market. Based on the above analyses, this paper proposes some innovations and suggestions, for example the government should put forward some policies to manage market price fluctuations in some special period, and the state should also cultivate and introduce more innovative talents to help the country innovate in science and technology.
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spelling doaj.art-7e84c83472474cbbba6423e46ff5939d2024-04-05T07:32:09ZengEDP SciencesSHS Web of Conferences2261-24242024-01-011880101010.1051/shsconf/202418801010shsconf_icdde2024_01010Trends in China’s pharmaceutical market during the COVID-19 epidemicNie Shilin0Faculty of Social Sciences and Law, University of BristolThe COVID-19 epidemic has had a significant impact on the Chinese pharmaceutical market, leading to substantial changes in demand, production, supply, and market size. This study aims to analyze the impact on the Chinese pharmaceutical market by examining the evolving market trends during the COVID-19 epidemic. Through relevant literature and data, the following conclusions are drawn: the Chinese pharmaceutical market has undergone significant changes in demand, production, supply, price, and scale due to the epidemic. These factors not only posed considerable challenges to the Chinese pharmaceutical market during the epidemic, prompting the government and enterprises to implement a series of policies to overcome these difficulties, but also presented opportunities and challenges for the development of the Chinese pharmaceutical market. Based on the above analyses, this paper proposes some innovations and suggestions, for example the government should put forward some policies to manage market price fluctuations in some special period, and the state should also cultivate and introduce more innovative talents to help the country innovate in science and technology.https://www.shs-conferences.org/articles/shsconf/pdf/2024/08/shsconf_icdde2024_01010.pdf
spellingShingle Nie Shilin
Trends in China’s pharmaceutical market during the COVID-19 epidemic
SHS Web of Conferences
title Trends in China’s pharmaceutical market during the COVID-19 epidemic
title_full Trends in China’s pharmaceutical market during the COVID-19 epidemic
title_fullStr Trends in China’s pharmaceutical market during the COVID-19 epidemic
title_full_unstemmed Trends in China’s pharmaceutical market during the COVID-19 epidemic
title_short Trends in China’s pharmaceutical market during the COVID-19 epidemic
title_sort trends in china s pharmaceutical market during the covid 19 epidemic
url https://www.shs-conferences.org/articles/shsconf/pdf/2024/08/shsconf_icdde2024_01010.pdf
work_keys_str_mv AT nieshilin trendsinchinaspharmaceuticalmarketduringthecovid19epidemic