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In recent years, the people's concept of body maintenance is more willing to actively maintain health. Therefore, health and nutritious foods are booming under this demand. Nowadays, we are entering an aging society and a declining birth rate. Chinese people's consumption expenditure on medical care is increasing year by year. This research takes Taiwan's health and nutrition food and western medicine related industries (heart vascular and kidney action drugs, gastrointestinal action drugs, nutrition and electrolyte solutions, antimicrobial drugs, other western medicine pharmaceuticals, Sinochem stocks, and grape king stocks) as the research objects. Analyze the correlation between Taiwan's economic cycle from January 1994 to December 2019 and the sales value of health and nutritional food and western medicine-related industries. This article analyzes the base period of the prosperity cycle compiled by the National Development Council, and draws the following three main conclusions:First, the sales value of all western medicine-related industries is only the sales value of gastrointestinal drugs, which are ahead of the peak and bottom of the boom. Therefore, the level of prosperity is backward indicators for western medicine-related industries, except for gastrointestinal drugs, which can be used as an important pre-research and judgment in accordance with.Second, the gap in the degree of backwardness in the health and nutritional food and western medicine-related industries during the peak period of the boom is relatively small, and the gap during the bottom period is relatively large.Third, the characteristics of health and nutritional food and western medicine-related industries have the lowest volatility regardless of the peak or bottom of the boom; however, the volatility of the grape king stock is the highest during the peak or bottom of the boom, and the volatility of the bottom of the recession The gap is smaller than during the peak period. In addition, this article also uses the stock market benchmark day as the base period for analysis, and the research results are roughly in line with the foregoing; in the statistical analysis of the average value of the boom and the market peak and trough, the research results are slightly different from the previous conclusions. Health-related industries are less affected by the economy, but are more affected by government regulations and health insurance systems.
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