Circular Economy -- The Only Way to Comprehensively Build a Well-off Society

Author: Wu Jisong
Publisher:
Publish Date: 2003-04-01
Features: Currently, China is facing the rapid development of the world economy, the continuous advancement of high technology, and economic globalization, while also confronting challenges such as population growth, shortages 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 development, urban and rural construction, and product production to ensure the effective utilization of resources. Circular economy refers to the continuous improvement of resource efficiency within a large system encompassing humans, natural resources, and science and technology, throughout the entire process of resource input, enterprise production, product consumption, and waste disposal. It transforms the traditional linear model of development, which relies on net resource consumption, into an eco-friendly model based on resource recycling. This book comprehensively elaborates on the theoretical foundation, key 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; and discusses how circular economy is the essential path to achieving a well-off society and a knowledge-based economy. It also reviews the development history of circular economy worldwide.