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The impact and challenge of the recycling industry of waste materials on the international economy

The impact and challenge of the recycling industry of waste materials on the international economy

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  • Time of issue:2021-10-29
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(Summary description)Opportunities and Challenges Facing the Recycling of Waste Materials Since the founding of the People’s Republic of China, great attention has been paid to the recycling of waste materials. During the planned economy period, two major waste materials recycling systems were established: materials recycling companies and waste materials recycling companies of supply and marketing cooperatives.

The impact and challenge of the recycling industry of waste materials on the international economy

(Summary description)Opportunities and Challenges Facing the Recycling of Waste Materials Since the founding of the People’s Republic of China, great attention has been paid to the recycling of waste materials. During the planned economy period, two major waste materials recycling systems were established: materials recycling companies and waste materials recycling companies of supply and marketing cooperatives.

  • Categories:Company News
  • Author:
  • Origin:
  • Time of issue:2021-10-29
  • Views:0
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Opportunities and Challenges Facing the Recycling of Waste Materials Since the founding of the People’s Republic of China, great attention has been paid to the recycling of waste materials. During the planned economy period, two major waste materials recycling systems were established: materials recycling companies and waste materials recycling companies of supply and marketing cooperatives. In the early days of the founding of the People’s Republic of China, the recycling and utilization of waste materials is now lagging behind. The main reasons are: First, with the rapid economic development and the rapid improvement of people's living standards, many people's consumption concepts and lifestyle changes have changed; second, the recycling of waste materials in many places does not meet the requirements of the new situation. The team is shrinking, the number of outlets is decreasing, the variety and quantity of recycling are declining, and the economic benefits are declining; third, the recycling of waste materials is a social public welfare enterprise, lacking supporting laws, regulations and policies; fourth, insufficient capital investment , The lack of scientific and technological development has caused the waste material recycling industry in many places to fail to form a system and industrial scale. At the same time, we should also see good opportunities for the recycling of waste materials.

First, the transfer of international industrial structure has created conditions for the development of waste materials. With the emphasis on the environment and the application of high-tech technologies, many companies and companies have reduced their investments in the fields of heavy industry and chemical industry, and began to invest funds in green industries represented by life sciences, environmental protection and resource regeneration. A new round of adjustment of the international green industrial structure. This is a rare development opportunity for the waste material recycling industry and an important opportunity for my country's waste material recycling industry to integrate into the international economy.

The second is the policy of "promoting resource development and conservation at the same time, putting conservation in the first place, and improving resource utilization efficiency" proposed by the 15th National Congress of the Communist Party of China, which has created conditions for the development of waste materials. The implementation of "two fundamental changes", the establishment of an intensive production system, and the realization of optimized allocation of resources will undoubtedly benefit the development of recycling of waste materials and promote the marketization, socialization and industrialization of recycling of waste materials. The third is the advent of the era of knowledge economy, and the rapid progress of science and technology has created conditions for the development of waste materials. The guiding ideology of high technology is to use existing resources scientifically, rationally, comprehensively and efficiently, while at the same time developing renewable resources to replace scarce natural resources that are nearly exhausted. This undoubtedly creates positive conditions for technological progress in the recycling of waste materials. The fourth is economic integration, making the industrial upgrading of the recycling industry of waste materials imminent. Economic integration has led to the internationalization of resource allocation. With the formation of a large trade market, the process of internationalization of natural resource allocation has been greatly accelerated. If oil began to be allocated internationally in the 1960s, any kind of resource may be allocated internationally today. In particular, China is about to join the trade organization, which forces the waste material recycling industry to improve market competitiveness and achieve industrial optimization and upgrading.

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