Research on the Potential of Traditional Chinese Medicine Export Trade in China Under the Background of RCEP
After the RCEP agreement officially came into effect,trade related to traditional Chinese medicine has also ushered in new develop-ment opportunities,among which the most significant is the increase in traditional Chinese medicine export trade due to zero tariff on goods trade.Based on an extended trade gravity model,this article analyzes the impact of factors such as GDP,population size,per capita health costs,and the number of people aged 65 and above in each country on China's exports of traditional Chinese medicine to RCEP partner countries.The conclusion indicates that the larger the GDP value between China and RCEP partner countries,the more population the importing country has,the higher the per capita health expenses of the importing country,and the more population aged 65 and above,the more favorable it is for China's exports of traditional Chinese medicine.At the same time,according to calculations,it is found that there is still significant room for trade growth between China and countries such as Malaysia,South Korea and Singapore.Finally,this article proposes the following suggestions.Firstly,the state should actively promote the implementation of the RCEP agreement.Secondly,it needs to accelerate the improvement of relevant laws and regulations on traditional Chinese medicine.Thirdly,more attention should be paid to utilizing the relevant rules of the RCEP agreement.
traditional Chinese medicineRCEP partner countriesgravity modelexport trade potential
NETL
NSTL
万方数据
