Disease is the primary cause of poverty in China. Health insurance is an essential mechanism for managing health risks and addressing the risk of financial loss. Using data from the China Family Panel Studies (CFPS) waves from 2010 to 2016, this study develops a random forest method to assess households' vulnerability to poverty and then examines the impact of major illness insurance on vulnerability to poverty by focusing on the rollout period of a major illness insurance scheme. The research also examines the impact of increased major illness insurance coverage on poverty reduction by focusing on the change from low- to high-coverage health insurance. The findings indicate that major illness insurance and improvements in the degree of coverage significantly reduce vulnerability to poverty. In addition, major illness insurance is found to alleviate the vicious cycle of poverty and disease through the mechanism of increasing household income, and its effect has strengthened over time. Compared to other poverty reduction policies, major illness insurance has a greater influence on poverty alleviation.

Financial inclusion, whereby all adults have effective access to financial products, including insurance, has increasingly become a global priority, particularly in low and middle income economies. This study matches the measured development level of inclusive insurance in Chinese provinces with China Family Panel Studies (CFPS) data and evaluates the impact of inclusive insurance on income distribution and inclusive growth. The findings support that inclusive insurance has a positive impact on income distribution and inclusive growth. The effect is more pronounced in eastern areas, rural areas and low-income households. The policy shocks and instrumental variables introduced prove the robustness of the results. PSM-DID test indicate that the inclusive insurance policy has a significant positive effect on income distribution. Alternative measure of inclusive insurance and GMM test with instrumental variables indicate that the results are robust. Additionally, we also find that there is a threshold effect on the impact of the inclusive insurance on income. When the universal insurance index exceeds the threshold value, the promoting effect on income is enhanced.

Parking and ride is a very effective method to improve the traffic condition of commuter channels, and it is necessary to develop effective parking guidance strategies. In this study, considering the travel time, walking distance, parking cruise time, parking fee, and personal attributes of drivers, a probability model of parking and ride selection in commuter scenarios was proposed, and a dynamic price adjustment method based on the equilibrium of parking occupancy in the region was constructed. The parking price was adjusted by determining the target occupancy, thus affecting the parking choice behavior to guide the commuter to park. The example analysis showed that this method adjusted the selection probability of the parking lot by using the dynamic price adjustment method from the perspective of regional parking occupancy equilibrium, solved the model by symmetric duality algorithm and formulated a reasonable parking replacement induction scheme to achieve the goal of occupancy equilibrium. Compared with parking guidance under static pricing, it can avoid the crowding of commuter vehicles into the city center effectively to reduce the congestion of commuter channels.

Economic growth depends on factor inputs, and health human capital investment is a very important factor input. We set up a three-period overlapping generation model of personal health investment and government public health investment in the formation of physical capital and human capital and its impact on economic growth. Our findings show that health human capital investment can increase economic growth. We also conducted empirical research on the relationship between health human capital investment and economic growth by using China’s provincial panel data from 1999 to 2016. The robustness test of endogenous and interactive term regression confirms our results. We found that individual health investment has the greatest impact on economic growth. Therefore, China's health strategy is consistent with the policy of economic growth. China should further expand health investment and optimize the structure of health investment to promote its economic growth.

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