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PRC unveils circular economy plan to achieve environmental targets

20 Jul '21
2 min read
Pic: Shutterstock
Pic: Shutterstock

China plans to initiate several steps to improve recycling and resource utilisation, enhance efficiency and introduce clean production in key industries, including petrochemicals, by 2025 to nurture a circular economy. The National Development and Reform Commission (NDRC) released the country’s 14th five year plan (2021-2025) for circular economy development on July 7.

By 2025, a mode of recycling production will be fully implemented, green design and clean production will be widely promoted, and a resource recycling industry system catering to the entire society will be completed.

By then, resource utilisation efficiency will be substantially improved, and the replacement rate of primary resources by renewable resources will be further increased, said the plan.

By 2025, the plan envisages productivity of major resource to rise by about 20 per cent compared with 2020.

The energy consumption per unit gross domestic product (GDP) and water consumption per unit GDP will be reduced by 13.5 per cent and 16 per cent respectively.

The comprehensive utilisation rate of crop stalks will remain above 86 per cent, and the comprehensive utilisation rate of both bulk solid waste and construction waste is set to reach 60 per cent.

By then, the output value of the resources recycling industry will hit CNY 5 trillion.

It will promote recycling development of industrial parks and promote comprehensive utilisation of waste, gradient utilisation of energy, and the recycling of water resources.

Fibre2Fashion News Desk (DS)

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