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Academic Journal of Business & Management, 2023, 5(17); doi: 10.25236/AJBM.2023.051722.

Research on the Multiple Financing Models of China's Big Health Industry under the Background of Internet Finance

Author(s)

Yang Yile1, Luan Jieting2

Corresponding Author:
Yang Yile
Affiliation(s)

1School of Finance, City University of Macau, Macau, China

2Department of Finance, Penavico & CSLSCM (Hong Kong) Co., Limited, Hong Kong, China

Abstract

The 19th National Congress of the Communist Party of China introduced the "Implementation of the Healthy China Strategy," elevating the health industry to a strategic core position. Currently, China's big health industry is experiencing rapid growth. However, due to its characteristics of substantial assets, slow returns, and public welfare attributes, its further development faces restrictions from factors such as policy supervision, capital reserves, and technology. In the past two years, China has issued policy documents encouraging active capital entry into the health sector and promoting the sound and rapid development of the health industry through financial means. Furthermore, the "Internet +" model's continuous evolution has introduced new financing tools to address challenges in financing the big health industry, providing a fresh solution path. To foster sustained and rapid growth in China's big health industry and meet the increasing healthcare needs of the population, collaboration between the government, financial institutions, and big health industry companies is essential. This cooperation should focus on areas such as supervision, risk control, and innovation. By doing so, the health industry can become a new growth point for China's economic development in the future.

Keywords

internet finance; health industry; financing

Cite This Paper

Yang Yile, Luan Jieting. Research on the Multiple Financing Models of China's Big Health Industry under the Background of Internet Finance. Academic Journal of Business & Management (2023) Vol. 5, Issue 17: 146-152. https://doi.org/10.25236/AJBM.2023.051722.

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