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Chinese Vice Premier Calls for Recycling Economy Promotion
Source: English.news.cn
Source Date: Friday, May 14, 2010
Focus: Institution and HR Management
Country: China
Created: May 17, 2010

China's Vice Premier Li Keqiang Friday called for the development of a recycling economy to improve resource utilization efficiency and protect the environment. Developing a recycling economy was a significant mission for China, which urgently needed to change its economic growth mode of "high consumption, high pollution and poor recycling," said Li in an inspection tour to a state recycling economy pilot base under ChinaChem Group. Li said developing a recycling economy would help the enterprises improve product structures, fuel technology innovation and improve competitiveness.

He called for a combination of resource conservation, environment protection and economic efficiency to cultivate emerging "green" industries. Authorities should transform traditional industries by promoting a clean, efficient and safe production, said Li. Li also called for more investment in recycling economy development, and implementation of supporting government fiscal, pricing and financial policies.
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