On The Economic Impact of Covid-19 On China’s Health Sector
Journal Title: International Journal of Social Science And Human Research - Year 2024, Vol 7, Issue 07
Abstract
This paper provides a comprehensive analysis of the economic and health impacts of COVID-19 on China's health sector, combining qualitative analysis with the research of Qian,X et al. The aim of this paper is to analyse the impacts of China's epidemic policy on the economy and the economic burden of COVID-19 on the population and the solutions to this problem, and to use the research data as a reference for managers, pointing out that coping with this type of public health emergencies is a major concern for the health sector. The study first looks at the economic impact of increased demand for healthcare, the The study first identifies the direct economic impact of the outbreak in terms of increased demand for healthcare, reallocation of healthcare resources, and disruption of the supply chain for medical equipment. By analysing official data and industry reports between 2020 and 2022, the study details changes in public and private healthcare spending during the public health crisis and the impact of these changes on the affordability of healthcare services and the economic stability of healthcare providers. At the same time, the paper explores the long-term impact of COVID-19 on the public health situation, especially on the underclass social groups, which in turn increased the economic burden on the healthcare system. Finally, the paper discusses future strategies for responding to similar public health crises through policy interventions and innovative solutions, aiming to provide policy makers with evidence-based recommendations to optimise the allocation of health resources, improve the coping capacity of the healthcare system, and, most importantly, to improve society's coping strategies for coping with the double whammy of economy and health brought about by emergencies and providing economic sustainability.
Authors and Affiliations
Shi Zhenglong, Dr. Tengku Kasmini Tengku Wook
Keywords
Related Articles
- EP ID EP740572
- DOI 10.47191/ijsshr/v7-i07-76
- Views 62
- Downloads 0
Current Situation of Studying the English Course of Non-Specialist Students (A1) At A University in North of Vietnam
"Speaking" is considered the most challenging skill among the four skills. Even though students have studied English for 7-10 years in high school, they can mostly only "read" and cannot "speak" this language. Therefore,...
A Juridical Review on the Enforcement of Criminal Law to the Violations of Tender Conspiracy Practices in the Procurement of Government Goods/Services in Health Sector
Due to the demand for health care services that is getting higher, making business actors engaged in the provision of health services/facilities also seek to further improve the services they have to meet market demand....
Phenomenological Study of Online Thematic Learning at the Integrated Islamic Elementary School Al-Akhyar Muara Bungo
This study seeks to interpret the teacher's online planning, implementation, and assessment of thematic learning outcomes at Al-Akhyar Muara Bungo Integrated Islamic Elementary School. This study employs an interpretive...
Transport Infrastructure Impact on Regional Unemployment – Evidence from Vietnam
Forecasts of elements that can lower unemployment are always significant since they demonstrate a country's economic development strategy's efficacy. The difficulties that workers have in finding work has major implicati...
Death Penalty for Perpetrators of Corruption Crimes Perspective of Criminal Law Reform
Perpetrators of criminal acts of corruption in Indonesia have caused enormous destruction for the survival of the nation and state. Not only is it detrimental to state finances, but the crime of corruption has also robbe...