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  China Resource Recycling Group Established in Tianjin: A National Team Enters the Circular Economy Field State owned Assets Supervision and Administration Commission of the State Council The circular economy industry in China has gained significant attention with the establishment of the China Resource Recycling Group in Tianjin. This “national team” is set to propel the circular economy into the spotlight once more. The Scale of the Circular Economy Industry How large is the circular economy industry? The planned annual output value is expected to reach 5 trillion yuan next year. In February this year, the State Council’s General Office issued the  Opinions on Accelerating the Construction of a Waste Recycling System , aiming to establish a preliminary system by 2025, covering various domains and processes of waste recycling. Provinces like Shandong, Henan, Guangdong, Shanxi, and Sichuan have released action plans to accelerate the development of a nationwide circular econo...

  1. Xi Jinping’s Directive: Establishing China’s National Resource Recycling Platform On October 18, 2024, China took a monumental step in the resource recycling industry, with Xi Jinping, the General Secretary of the CPC, issuing an important directive on the establishment of  China Resource Recycling Group Co., Ltd. . This initiative underscores China’s determination to lead the world in circular economy practices, emphasizing innovation, sustainability, and resource efficiency. Below is the full text of the announcement: 习近平就组建中国资源循环集团有限公司作出重要指示强调：打造全国性功能性资源回收再利用平台 推动国民经济循环质量和水平持续提升__中国政府网 Xi Jinping’s Important Directive on the Establishment of China Resource Recycling Group Co., Ltd. Emphasis on Building a National Platform for Resource Recycling and Reuse, Enhancing Economic Circulation Quality and Efficiency, and Li Qiang’s Directive Tianjin, Oct 18 (Xinhua) — Xi Jinping, General Secretary of the CPC, President of China, and Chairman of the Central Military Commission,...