China unveils new circular economy plan

China unveils new circular economy plan China outlines the next steps of its circular economy model within the remits of a new national five-year plan to that effect. China released its newest five-year plan (2021-2025) outlining goals for the adoption of a circular economy system on July 7. The National Development and Reform Council (NDRC) intends to promote green design and clean production as well as establish a recycling system that extends to Chinese society as a whole. Major objectives are the gradual phasing out of fossil fuels in favor of renewable energy sources as well as the reduction of…