The Development of Circular Economy in Biopharmaceutical Industrial Cluster

Authors

  • Yuan Dong Business School, Shaanxi Technical College of Finance and Economics, Xianyang, Shaanxi, 712000, China
  • Hui Dong Department of Rehab., QHD Taisheng GRS International Rehab Centre, Qinhuangdao, Hebei, 066000, China

Abstract

With the development of the economy, the impact of industrial clusters on the economy is increasing, together with strong competitive advantage and
vitality. However, together with other problems, the negative impact of industrial clusters on resources and the environment has gradually become
more pronounced. The biopharmaceutical industrial cluster is one of many that are finding it difficult to avoid this problem. In order to address this
issue, it has been suggested that a circular economy be applied when industrial clusters are being developed. Taking the biopharmaceutical industrial
cluster as the subject, the process for developing a circular economy was studied in depth, and the existing problems were identified to confirm
the necessity of having a circular economy. Then, a circular economybased biopharmaceutical industrial cluster was constructed by analyzing the
current status of the biopharmaceutical industrial cluster in Shaanxi, China; subsequently, safeguard measures were proposed in order to ensure the
sustainable development of the biopharmaceutical industrial cluster.

Keywords: biopharmaceutical, industrial cluster, circular economy

Cite As

Y. Dong, H. Dong, “The Development of Circular Economy in Biopharmaceutical
Industrial Clusterâ€, Engineering Intelligent Systems, vol. 28 no. 2, pp. 157-162, 2020.


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Published

2020-09-01

Issue

Vol. 28 No. 3 (2020): International Journal of Engineering Intelligent Systems

Section

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