Proceedings of the 2022 International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2022)

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Analysis of Traditional Chinese Medicine Products Under the Perspective of Comparative Advantage Index

Authors
Xinrui Pi1, Juan Zhang1, *
1School of Management, Hubei University of Chinese Medicine, Wuhan, China
*Corresponding author. Email: 10664820@qq.com
Corresponding Author
Juan Zhang
Available Online 2 December 2022.
DOI
10.2991/978-94-6463-010-7_74How to use a DOI?
Keywords
Traditional Chinese Medicine; International Trade; Comparative Advantage Index
Abstract

Objective: To explore the international development path of traditional Chinese medicine products. Methods: Descriptive statistics were used to analyze the import and export of traditional Chinese medicine products, and comparative advantage index was used to study the trade competitiveness of traditional Chinese medicine products in the international market. Results: First of all, the international trade of traditional Chinese medicine products had certain advantages, but it showed a decreasing trend year by year. Secondly, the value range of comparative advantage index of Traditional Chinese Medicine Products was [−1, 1]. The closer the value was to −1, the weaker the trade competitiveness was; the closer its value is to 0, the closer its competitiveness is to the international average level; the closer its value is to 1, the stronger its trade competitiveness is. Conclusion: We should give full play to the important role of traditional Chinese medicine in the process of curing diseases and keep people’s health, and take effective efforts to develop the trade of Traditional Chinese Medicine services with the establishment of overseas service alliance.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2022)
Series
Atlantis Highlights in Intelligent Systems
Publication Date
2 December 2022
ISBN
978-94-6463-010-7
ISSN
2589-4919
DOI
10.2991/978-94-6463-010-7_74How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Xinrui Pi
AU  - Juan Zhang
PY  - 2022
DA  - 2022/12/02
TI  - Analysis of Traditional Chinese Medicine Products Under the Perspective of Comparative Advantage Index
BT  - Proceedings of the 2022 International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2022)
PB  - Atlantis Press
SP  - 725
EP  - 732
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-010-7_74
DO  - 10.2991/978-94-6463-010-7_74
ID  - Pi2022
ER  -