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Recycling's the key
Source: Xinhua |
April 21, 2011, Thursday
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Print Edition
Print Edition
CHINA is seeking to expand its re-manufacturing industry over the next five years in its general plan to boost the development of a recycling-based economy, a senior government official said yesterday.
Xie Zhenhua, vice chairman of the National Development and Reform Commission, said it would work with other departments to set the development targets of the re-manufacturing industry and to promote the sector's healthy and fast growth during the country's 12th Five-Year Plan period through 2015.
Currently, the country's re-manufacturing companies mainly focus on vehicle engines, gear boxes, steering gear and electric generators, with the combined annual industrial output value estimated at 2 billion yuan (US$306 million).
Xie Zhenhua, vice chairman of the National Development and Reform Commission, said it would work with other departments to set the development targets of the re-manufacturing industry and to promote the sector's healthy and fast growth during the country's 12th Five-Year Plan period through 2015.
Currently, the country's re-manufacturing companies mainly focus on vehicle engines, gear boxes, steering gear and electric generators, with the combined annual industrial output value estimated at 2 billion yuan (US$306 million).
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