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Measuring the Market Power of China's Medical Product Exports

During the COVID-19 pandemic, medical products have been crucial to the global fight against the disease. As a major manufacturing country, China occupies an important position in the medical products field. However, China's terms of trade are not commensurate with its status as a major exporte...

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Detalles Bibliográficos
Autores principales: Wu, Wanshan, Zhang, Hao, Huang, Leping, Wang, Lijun
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Frontiers Media S.A. 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9008195/
https://www.ncbi.nlm.nih.gov/pubmed/35433582
http://dx.doi.org/10.3389/fpubh.2022.875104
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author Wu, Wanshan
Zhang, Hao
Huang, Leping
Wang, Lijun
author_facet Wu, Wanshan
Zhang, Hao
Huang, Leping
Wang, Lijun
author_sort Wu, Wanshan
collection PubMed
description During the COVID-19 pandemic, medical products have been crucial to the global fight against the disease. As a major manufacturing country, China occupies an important position in the medical products field. However, China's terms of trade are not commensurate with its status as a major exporter of medical products. Therefore, studying China's market power in medical product exports has important practical significance for determining China's value chain position in the global market and then proposing policies and measures to enhance China's market power. The findings of this paper, utilizing HS 6-digit data from 1992 to 2020, illustrate that China's market power is only in limited medical product export markets. Accordingly, we propose countermeasures to enhance the market power of China's medical product exports.
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spelling pubmed-90081952022-04-15 Measuring the Market Power of China's Medical Product Exports Wu, Wanshan Zhang, Hao Huang, Leping Wang, Lijun Front Public Health Public Health During the COVID-19 pandemic, medical products have been crucial to the global fight against the disease. As a major manufacturing country, China occupies an important position in the medical products field. However, China's terms of trade are not commensurate with its status as a major exporter of medical products. Therefore, studying China's market power in medical product exports has important practical significance for determining China's value chain position in the global market and then proposing policies and measures to enhance China's market power. The findings of this paper, utilizing HS 6-digit data from 1992 to 2020, illustrate that China's market power is only in limited medical product export markets. Accordingly, we propose countermeasures to enhance the market power of China's medical product exports. Frontiers Media S.A. 2022-03-31 /pmc/articles/PMC9008195/ /pubmed/35433582 http://dx.doi.org/10.3389/fpubh.2022.875104 Text en Copyright © 2022 Wu, Zhang, Huang and Wang. https://creativecommons.org/licenses/by/4.0/This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
spellingShingle Public Health
Wu, Wanshan
Zhang, Hao
Huang, Leping
Wang, Lijun
Measuring the Market Power of China's Medical Product Exports
title Measuring the Market Power of China's Medical Product Exports
title_full Measuring the Market Power of China's Medical Product Exports
title_fullStr Measuring the Market Power of China's Medical Product Exports
title_full_unstemmed Measuring the Market Power of China's Medical Product Exports
title_short Measuring the Market Power of China's Medical Product Exports
title_sort measuring the market power of china's medical product exports
topic Public Health
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9008195/
https://www.ncbi.nlm.nih.gov/pubmed/35433582
http://dx.doi.org/10.3389/fpubh.2022.875104
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