The story appears on

Page A11

December 13, 2012

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Economy

China sees 'circular economy' as strategic

THE State Council, China's Cabinet, yesterday called for the development of a 'circular economy' while mapping out future tasks for boosting the country's green growth.

Establishing a circular economy is a major strategic task for China's economic and social development, and an important means to promote ecological progress and achieve sustainable growth, the Cabinet noted in an executive meeting presided by Premier Wen Jiabao.

The Cabinet also urged more efforts to construct a nationwide industrial system that allows recycling of renewable resources and encourages green consumption.

The meeting passed the 12th Five-Year Plan on the development of the circular economy, which unveils multiple tasks and measures for promoting the sector's development in the 2011-2015 period, according to a statement released after the meeting.

In the industrial sector, China will promote economical use of resources, including energy, water and land, as well as waste exchange, the statement said.

China will also build a cyclic agricultural system that promotes resource conservation, clean production and waste reuse, to improve the ecological environment of the rural areas and the efficiency of its farming, the statement said.

It added that China will improve the system for recycling renewable resources and waste, and push forward green concepts in architecture and transport. It said the service sector should play a key role in transforming the current consumption model into a green, low-carbon one.

The Cabinet also vowed to carry out demonstration projects and improve policies and rules in taxation, finance, industry, investment and pricing.





 

Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend