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The restructuring of China’s waste and recycling industry is progressing rapidly, the effort of the government at all levels continue to increase. The current trash-sorting program, followed by the pilot project of waste-free cities make this clear. The Chinese waste management is getting to a turning point.
Current Market Driver
In January 2019, Shanghai’s legislator passed a municipal regulation on domestic waste management, believed by leading experts as the milestone in China’s recycling revolution and the long march towards a zero waste society. In April 2019, the central government issued a work plan for sorting domestic garbage which has further impacted the industry development. Key points include:
Also in 2019, the Chinese State Council unveiled the “no-waste city” pilot plan, aiming to minimize generation of waste, maximize its utilization, safely dispose of solid waste and reduce landfills. The timelines are set out:
Market Statistics
On the way to constructing the zero-waste cities in China, kitchen and hazardous are two of the fastest-growing segments of the solid waste treatment and recycling industry.
Industry Trend
Business Opportunities
The trash-sorting program and the zero-waste project have created a social consensus on supporting businesses related to environmental protection in China, and this helps the industry grow in the long term. The upgrade of waste treatment facilities will push the growth, and new technologies in waste processing will receive more attention.
Effective solutions for kitchen waste disposal and hazardous waste, especially e-waste and medical waste are in need in the process of constructing zero-waste cities.
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