Dive summary:
- The Chinese Communist Party’s official newspaper reported that China is trying to build a circular economy to boost the recycling industry to reach a net worth of 1.8 trillion Yuan ($284 billion) by 2015.
- To reach this goal, Chinese officials say they will promote green consumption and build industrial and agricultural systems that are cleaner and allow for more recycling of renewable resources.
- The party is aiming to enforce mandatory energy-saving standards and build one billion square meters of green buildings between 2011 and 2015.
From the article:
The site quotes an unnamed NDRC official as stating: “It's imperative for China to speed up developing the circular economy as the country sees continuously growing energy and resource demand, piling waste and rising pressure in tackling climate changes.”
The move comes as the Chinese Communist Party also looks to ‘promote green buildings’ through enforcing ‘mandatory energy-saving standard and renovating existing buildings to make them greener by 2015’. Further, all government buildings are set to employ ‘resource- and energy-saving and environmentally friendly’ standards from 2014. ...
