The circular economy in China

Authors: Ren Yong

Publish Date: 2007/09/26

Volume: 9, Issue: 2, Pages: 121-129

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Abstract

This article makes an attempt to answer the three questions of why China is devoting its full effort to promoting a circular economy what a circular economy is and how to implement a circular economy in China The evolutionary process of a circular economy in China from introduction of the concept and the relevant actions of national decision making to demonstration of the system nationwide has taken only around 6 years with strong encouragement from politicians and the urgent need to cope with environmental pollution and a severe shortage of natural resources The circular economy in China is now being actively implemented at three levels enterprises ecoindustrial parks and regions The consolidated theoretical bases of ecology and economics have helped the circular economy to define its position as a new economic model to effectively resolve the problems of resources and the environment In this regard material flow management is naturally a unique planning and management method for implementation of a circular economy and ecoefficiency is a good indicator to measure circular economic activities Of particular significance has been initiation of the legislative process for the Circular Economy Law which is among a number of initiatives developing core policies for a circular economy in China Stringent enforcement of a set of policies for energy saving and pollution abatement nowadays in China will certainly create an enabling environment for the development of a circular economy

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