The circular economy in China |
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Authors: | Ren Yong |
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Institution: | (1) Policy Research Center for Environment and Economy (PRCEE), State Environmental Protection Administration of China (SEPA), No.1 Yuhui Nanlu Chaoyang District, Beijing, 100029, China |
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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, eco-industrial 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 eco-efficiency 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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Keywords: | Circular economy China Development process and models Theoretical basis Policy trend |
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