The Ministry of Industry and Information Technology recently announced the country's first batch of demonstration projects for industrial recycling economy

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The Ministry of Industry and Information Technology recently announced the country’s first major demonstration projects of industrial recycling economy to accelerate the formation of a resource recycling industry model. According to the preliminary statistics of the China Securities Journal, the list of the first 23 listed demonstration projects included projects of nearly 10 listed companies including Suizhong Energy, Yili Energy, Conch Cement and Tongling Nonferrous Metals.

These selected projects include: Suizhong Energy Fengfeng “Coal-Chemical-Electricity”, Elion Resources Group's energy and chemical industry, Tongling Non-ferrous, low-sulfur, high-sulfur, arsenic-bearable resources, copper, high-efficiency recycling, comprehensive utilization of smelting solid waste, and conch cement. Production co-processing of domestic garbage and other circular economy demonstration projects. It is understood that after these projects are put into production, in addition to the recycling of their own raw materials and by-products, production costs can be reduced, and deep processing of by-products can be used to extend the industrial chain of related businesses. For many companies, cost control and new development can be realized. Business, boost performance.

The development of recycling economy has now been supported by multi-sector policies. In addition to the release of the circular economy demonstration project by the Ministry of Industry and Information Technology, the National Development and Reform Commission is also working on the “National Circular Economy Development Plan (2011-2015)”, which proposes that during the “Twelfth Five-Year Plan”, 1,000 circular economy demonstration enterprises will be nurtured to promote the formation of circular economy. Larger scale.

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