Circular Economy

Author: Wu Jisong
Publisher:
Publish Date: 2005-03-01
Features: Currently, China is facing the rapid development of the world economy, the ever-changing high technology, and economic globalization while also dealing with issues such as population growth, the shortage of various natural resources, environmental degradation, and ecosystem transformation. We must accelerate the transformation of our economic growth model and integrate the concept of circular economy into regional economic development, urban and rural construction, and product production to make resources more effectively utilized. Circular economy refers to the continuous improvement of resource utilization efficiency within a large system of humans, natural resources, and science and technology, covering the entire process from resource input, enterprise production, product consumption to waste disposal. It transforms the traditional, linear economic model that relies on net resource consumption into an eco-friendly model based on resource recycling. This book comprehensively elaborates on the theoretical foundation, main principles, scientific basis, and practical foundation of circular economy; analyzes its relationship with water resources, energy, high-tech industries, market and consumption, urban and rural construction, and human resource development; discusses how circular economy is the necessary path to achieving a moderately prosperous society and a knowledge-based economy. It also reviews the development history of circular economy worldwide.