China Creates New State Giant to Turn Waste Into Resources
Waste not, want not will be mantra of China’s 98th state enterprise
The State Council set a target to create a comprehensive waste recycling system by 2025, with the resource recycling industry’s annual output valued at 5 trillion yuan
China is to establish a state-owned enterprise focused on recycling, as the country promotes upgrades to industrial equipment and consumer good trade-ins to boost the economy.
Keep reading with a 7-day free trial
Subscribe to Caixin Global China Watch to keep reading this post and get 7 days of free access to the full post archives.