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Circular Economy and China's New Industrialization

Author: Costanza Cappello
Published Date: 20 November 2008

The main purpose of this article is to introduce the realization of circular economy in the industrial production system. In summarizing the drawbacks of China’s traditional industrialization and forecasting constraints on resources in the future development of industrialization, it points out that development of circular economy is the new path of industrialization in China. Circular economy in the industrial system falls into three categories, namely developing ecology in enterprises, building

eco-industrial parks and developing “venous industry” in every stratum of society.

This article explains the general situation and the development trend in each category.

It introduces some successful cases in China, which serve as examples for the development of new industrialization.