From traditional frugality to recycling powerhouse: China's green transformation

FLOURISHING CIRCULAR ECONOMY

China's resource-recycling industry is evolving from traditional recycling practices to a high-tech, high-quality sector, said Zhu Liyang, president of the China Association of Circular Economy.

According to the association, by the end of 2023, the total output value of China's resource recycling industry is expected to reach 4 trillion yuan, creating over 30 million jobs and becoming a key component of the green industry.

In recent years, China has consistently strengthened the top-level design of green and low-carbon development. A series of policies implemented by the government have supported the growth of the circular economy and the resource recycling industry.

The country's circular economy has gained strong momentum, inspiring the world to actively promote resource recycling.

Novo Nordisk, a Danish company specializing in obesity treatment, has been operating in Tianjin for over three decades.