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A Study on the Promotion of Private Investment in the Development of China's Dietary Supplement Industry (1990-2020)
Yi, Bin
Yi, Bin
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Thesis/Dissertation
Date
2024-04
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Business Administration/Finance
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http://dx.doi.org/10.34944/dspace/10582
Abstract
In this dissertation the degree of development of China's health food industry is taken as the explained variable, and the scale of the private economy in the health food industry is taken as the explaining variable, and the variables of gross national product, dependency ratio, level of human capital accumulation and time are controlled. Then, through regression analysis, this dissertation empirically analyzes the role of private economy in promoting the health food industry in China during 2002-2020, and all the related results pass the robustness test.According to the results of regression analysis, the following conclusions can basically be drawn: first, private economy can significantly promote the development of China's health food industry. Second, economic development can effectively promote the development of China's health food industry. Third, the growth in the number of old people and children will bring about an increase in the demand for health food products to a certain extent. Fourth, the level of human capital accumulation can significantly promote the development of China's health food industry.
On the basis of the research, this dissertation puts forward the following policy suggestions for the structural upgrading of China's health food industry: (1) Improving the innovation guarantee system and encourage technological innovation. (2) Strengthening technological transformation. (3) Improving the food safety guarantee system. (4) Fulfilling the facilitating role of health food regulation. (5) Promoting merger and reorganization. (6) Promoting the industrialization of health food production in which China has unique resource advantages and traditional advantages. (7) Improving the core competitiveness of enterprises and cultivating and protecting famous brands. (8) Strengthening the monitoring and analysis of the operation of the health food industry. (9) Promoting the establishment of modern health food logistics system. (10) Accelerating the construction of scientific and technological informatization and networking.
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