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Transformation, Upgrading and Innovation of Service Trade in TCM Industry

Received: 25 August 2022     Accepted: 30 September 2022     Published: 11 October 2022
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Abstract

With the continuous innovation and breakthrough of the new generation of network information technology, the vigorous development of the digital technology economy has become an important driving force for the prosperity of the world economy and empowers the transformation and upgrading of traditional industries. New formats and new models such as online diagnosis and treatment enabled by digital technology have injected new vitality into the trade in traditional Chinese medicine services, and strongly promoted the transformation and upgrading of traditional traditional Chinese medicine service trade. In order to effectively combine digital technology with the development of traditional Chinese medicine service trade and break through various barriers to traditional Chinese medicine services, this paper analyzes the current situation and existing problems of cross-border payment of traditional Chinese medicine, overseas consumption, commercial existence and the flow of natural persons, and analyzes the use of digital technology as well. The mechanism of promoting the development of TCM service trade, including the close relationship with market competitiveness, health concepts, trade barriers and cultural heritage, etc., proposes an innovative TCM service model, adapts to the trend of digital development, improves the international competitiveness of TCM, and coordinates the formulation of China’s international medicine standards and supervision rules and other relevant countermeasures and suggestions.

Published in International Journal of Economics, Finance and Management Sciences (Volume 10, Issue 5)
DOI 10.11648/j.ijefm.20221005.14
Page(s) 258-262
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2022. Published by Science Publishing Group

Keywords

Service Trade, Traditional Chinese Medicine Industry, E-Commerce, Digital Trade

References
[1] The Several Policies and Measures on Accelerating the Characteristic Development of Traditional Chinese Medicine [R]. The General Office of the State Council, 2020.
[2] Yu Wendi. Analysis of Current Conditions and Development Trend of International TCM Service Trade [J]. World Chinese Medicine, 2014, (9): 178-180.
[3] Zhang Lijuan. Breakthrough of Internet Medical Treatment by Taking Advantage of the Opportunities [J]. China Report. 2020, (4): 60-61.
[4] Liang Yu. Analysis of Current Conditions and Countermeasures of TCM Service [J]. Technology and Market, 2017, 24 (4): 333-336.
[5] Ning Liqin. Practice and Thinking of Promoting Traditional Chinese Medicine Service Trade under the "Belt and Road" Initiative [J]. Journal of Traditional Chinese Medicine Management, 2020, 28 (6): 10-12.
[6] Wei Yanan. Central No. 1 Document Conveys the Development Direction of Rural E-Commerce In 2017 [J]. Farm Advisor, 2017, (2): 31.
[7] Wei Dongjie. Research on the Path and Mode of Deep Integration of the Development of Anhui Traditional Chinese Medicine Industry in the Era of “Internet +” [J]. Journal of Anhui University of Technology (Social Science Edition), 2020, 37 (1): 8-10.
[8] Zhou Li. Research on the Development Countermeasures of Traditional Chinese Medicine Service Trade from the Perspective of RCEP [J]. Guangdong Economy, 2022 (05): 64-67.
[9] Meng Ni. Traditional Chinese Medicine Service Trade Ushered in a “Bonus Era” [J]. International Business Daily, 2021-12-20 (003).
[10] Teng Quan, Yang Fengzhu. Opportunities and Challenges of Traditional Chinese Medicine Service Trade in the Post-Epidemic Era [J]. Journal of Nanjing University of Traditional Chinese Medicine (Social Sciences), 2021, 22 (04): 306-312.
[11] Nie Pingxiang. Promoting Better Access to the World of Traditional Chinese Medicine——Interpretation of the Notice on Supporting the High-Quality Development of the National Traditional Chinese Medicine Service Export Base [J]. Service Outsource, 2021 (07): 26-27.
[12] Wu Youhua. Current Situation, Problems and Strategies of Traditional Chinese Medicine Service Trade Development in China [J]. Foreign Economic and Trade Practice, 2020 (03): 85-88.
[13] Wang Xiaoling. The Path to Promote the Export of Traditional Chinese Medicine Services [J]. Chinese Foreign Investment, 2019 (23): 76-79.
[14] Zhang Kun. Current Situation, Problems and Strategies of Traditional Chinese Medicine Service Trade Development in China [J]. Price Monthly, 2021 (05): 68-74.
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Cite This Article
  • APA Style

    Xie Rongjun, Hu Ying, Yuan Yongyou. (2022). Transformation, Upgrading and Innovation of Service Trade in TCM Industry. International Journal of Economics, Finance and Management Sciences, 10(5), 258-262. https://doi.org/10.11648/j.ijefm.20221005.14

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    ACS Style

    Xie Rongjun; Hu Ying; Yuan Yongyou. Transformation, Upgrading and Innovation of Service Trade in TCM Industry. Int. J. Econ. Finance Manag. Sci. 2022, 10(5), 258-262. doi: 10.11648/j.ijefm.20221005.14

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    AMA Style

    Xie Rongjun, Hu Ying, Yuan Yongyou. Transformation, Upgrading and Innovation of Service Trade in TCM Industry. Int J Econ Finance Manag Sci. 2022;10(5):258-262. doi: 10.11648/j.ijefm.20221005.14

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  • @article{10.11648/j.ijefm.20221005.14,
      author = {Xie Rongjun and Hu Ying and Yuan Yongyou},
      title = {Transformation, Upgrading and Innovation of Service Trade in TCM Industry},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {10},
      number = {5},
      pages = {258-262},
      doi = {10.11648/j.ijefm.20221005.14},
      url = {https://doi.org/10.11648/j.ijefm.20221005.14},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20221005.14},
      abstract = {With the continuous innovation and breakthrough of the new generation of network information technology, the vigorous development of the digital technology economy has become an important driving force for the prosperity of the world economy and empowers the transformation and upgrading of traditional industries. New formats and new models such as online diagnosis and treatment enabled by digital technology have injected new vitality into the trade in traditional Chinese medicine services, and strongly promoted the transformation and upgrading of traditional traditional Chinese medicine service trade. In order to effectively combine digital technology with the development of traditional Chinese medicine service trade and break through various barriers to traditional Chinese medicine services, this paper analyzes the current situation and existing problems of cross-border payment of traditional Chinese medicine, overseas consumption, commercial existence and the flow of natural persons, and analyzes the use of digital technology as well. The mechanism of promoting the development of TCM service trade, including the close relationship with market competitiveness, health concepts, trade barriers and cultural heritage, etc., proposes an innovative TCM service model, adapts to the trend of digital development, improves the international competitiveness of TCM, and coordinates the formulation of China’s international medicine standards and supervision rules and other relevant countermeasures and suggestions.},
     year = {2022}
    }
    

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    AU  - Xie Rongjun
    AU  - Hu Ying
    AU  - Yuan Yongyou
    Y1  - 2022/10/11
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    DO  - 10.11648/j.ijefm.20221005.14
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    JF  - International Journal of Economics, Finance and Management Sciences
    JO  - International Journal of Economics, Finance and Management Sciences
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    PB  - Science Publishing Group
    SN  - 2326-9561
    UR  - https://doi.org/10.11648/j.ijefm.20221005.14
    AB  - With the continuous innovation and breakthrough of the new generation of network information technology, the vigorous development of the digital technology economy has become an important driving force for the prosperity of the world economy and empowers the transformation and upgrading of traditional industries. New formats and new models such as online diagnosis and treatment enabled by digital technology have injected new vitality into the trade in traditional Chinese medicine services, and strongly promoted the transformation and upgrading of traditional traditional Chinese medicine service trade. In order to effectively combine digital technology with the development of traditional Chinese medicine service trade and break through various barriers to traditional Chinese medicine services, this paper analyzes the current situation and existing problems of cross-border payment of traditional Chinese medicine, overseas consumption, commercial existence and the flow of natural persons, and analyzes the use of digital technology as well. The mechanism of promoting the development of TCM service trade, including the close relationship with market competitiveness, health concepts, trade barriers and cultural heritage, etc., proposes an innovative TCM service model, adapts to the trend of digital development, improves the international competitiveness of TCM, and coordinates the formulation of China’s international medicine standards and supervision rules and other relevant countermeasures and suggestions.
    VL  - 10
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Author Information
  • Business Department, Wuhan Vocational College of Software and Engineering, Wuhan, China

  • Business Department, Wuhan Vocational College of Software and Engineering, Wuhan, China

  • School of Foreign Trade and Economic Cooperation, Wuhan Textile University, Wuhan, China

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