Application of the Gray Correlation Model Based on Entropy in Evaluating Competitiveness of Chinese Medicine Industry

Chinese medicine is a treasure of Chinese nation as well as a crystallization of Chinese working people´s wisdom accumulated over thousands of years, Chinese medicine industry has always been a pivotal position in the pharmaceutical market in China. This paper uses the Gray correlation model based on the theory of information entropy, the method of entropy evaluation is to determine the weight. Using this model, we evaluated 5 years of traditional Chinese medicine industry data, the results show that the model results are reasonable, traditional Chinese medicine industry in good shape, and at the same time, the model also applies to other areas.