The Development Status and Future Trends of China’s Vaccine Industry

Abstract

The outbreak of the COVID-19 has focused the attention of various countries on the vaccine industry. China's vaccine industry started late, has a small scale and has been presented less in international conference journals, but in the wake of this COVID-19, China has drawn significant attention to the vaccine industry to make a representative role. This research examines the history of China's vaccine industry, the sector's current state, how it compares to other countries, and the industry chain analysis. The vaccine sector in China is modest, but it is developing quickly and has many opportunities for improvement. Although there is still a significant gap with developed countries, the number of vaccine batches issued and the figures of domestic manufacturers are getting better every year. Many companies are actively involved in overseas clinical trials, and the internationalisation process is accelerating. The industrial chain of China's vaccine industry involves manufacturers, batch issuing units and distributors, and disease control and prevention centres. With many vaccines on the market, the demand for vaccine packaging materials will increase significantly; the number of vaccine-related enterprises registered is picking up, and the number of medical institutions is also growing. In addition to improving medical laws and regulations, China should also innovate technical routes to speed up vaccine development.

A Study of the Incentive Theory Embodied in the Operation Process of "Haidilao"

“…There is an old saying in China: "Food is the order of the day for the people". It is well known that the catering industry, as a sunrise industry in China, has brought huge economic benefits to China [1]. Since the 21st century, with the prosperity and development of China's economy, the catering market has huge potential and its structure will show a more new pattern, the variety of food and beverage will be more abundant, therefore, the role of management and talent will also be more prominent.…”

“…This has exacerbated the overall sluggishness of the restaurant industry. Although some experts predict that the restaurant industry will rebound in a "spurt" after the end of the outbreak, a full recovery of the restaurant industry is expected to be delayed until afterwards due to the extensive and prolonged nature of the outbreak [1]. In order to provide a more in-depth outlook on the operations of Haidilao, a SWOT analysis model is used [4,5].…”

“…Firstly, the background of the study is analysed. Through the analysis of the current development of China's food and beverage industry, it is found that China's food and beverage industry will become more diversified, and the hot pot market has great potential, but due to the epidemic, the rebound period may be longer and later [1]. The analysis of Haidilao's operating model and its disadvantages reveals that the company's operating model is "people-oriented", but the disadvantage is that its corporate culture is not innovative enough.…”