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Research on the Sustainable Development of Big Health Industry in Binhai New Area, Tianjin

Author

Listed:
  • Jian Zhang

    (Financial and Economic Budget Working Committee of Standing Committee of the People’s Congress of Tianjin Binhai New Area, Tianjin 300457, China)

Abstract

The big-health industry is an emerging industry with huge market potential, which plays an important role in economic growth and industrial structure adjustment. After years of development, the big-health industry in the Binhai New Area has begun to take shape and become an important force to promote the high-quality development of regional economy. This paper tries to use the SWOT and gray correlation degree analysis method to explore the correlation degree between the big-health industry and its sub-industries, so as to provide a reference for the Binhai New Area to create deep health resources, release the development potential of the big-health industry, and promote the sustainable development of the regional economy and its people. It is estimated that in the next five years, the per-capita GDP of Beijing and Tianjin will exceed USD 15,000, and the life expectancy of the population will exceed 80 years. The Beijing–Tianjin–Hebei region will enter the high level of human development (human development index greater than 0.8). With the improvement of living standards, people’s demand for health will rise sharply, and the market prospects are broad. The Binhai New Area should seize this opportunity to accelerate the development of the big-health industry, to create momentum for regional sustainable development, and to create happiness for its people. The main objective of this study is to ascertain the sustainable development status of the big-health industry in the Tianjin Binhai New Area, as well as the direct relationship between the level of economic development and the development of the big-health industry, to lay a good economic foundation for the vigorous development of the big-health industry.

Suggested Citation

  • Jian Zhang, 2023. "Research on the Sustainable Development of Big Health Industry in Binhai New Area, Tianjin," Sustainability, MDPI, vol. 15(2), pages 1-10, January.
    • Handle: RePEc:gam:jsusta:v:15:y:2023:i:2:p:1501-:d:1033842
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    Cited by:

    1. Yuqing Jin & Zhidan Shen & Jianxu Liu & Roengchai Tansuchat, 2023. "The Impact of the Digital Economy on the Health Industry from the Perspective of Threshold and Intermediary Effects: Evidence from China," Sustainability, MDPI, vol. 15(14), pages 1-25, July.

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