China just posted a 3-year plan on boosting the Internet + green ecology, according to the website of China's top economic planner - the National Development and Reform Commission (NDRC).
China requires optimization of pollutant monitoring and information releasing system so as to form a dynamic network monitoring resources and environmental carrying capacity measured by major ecological factors and sharing ecological and environmental data.
As the plan says, an action plan on the "Internet + resources recycling" for 2016-2020 is proposed to be drafted and publicized before the end of 2016 and new "Internet +" renewable resources recovery mode application will be popularized. For the "Internet + resources recycling" action plan, using Internet and big data for overall deployment is stressed and for upgrading renewable resources recovery, intensive, scale development and profitability-centered modes are required.
Besides, the plan supports waste electric appliances and gadgets recycling companies to pick certain products to track via such Internet of things-related technology as electric lags and 2 dimension codes.
It also encourages Internet firms to take part in founding urban solid waste recovery platform and industry-wide, regional and national online transaction system for industrial waste and renewable energy via bettering waste auto parts, second hand parts and remanufactured parts recovery standards to increase their pricing power for renewable energy products.
Renewable energy is mainly composed of industrial wastes such as waste, waste water and residue and household waste including waste vehicles and home appliances. The former type is hard to be recovered in terms of complexity in composition and the latter one is scattered thus recovery rates of industrial wastes, wasted home appliances and autos stay at less than 70 percent, 60 percent and 30 percent respectively.
Currently, China's waste production is growing rapidly and annual growth of waste electric appliances and gadgets is likely to reach 20 percent in the following five years. As institutions estimate, China's metal recovered from renewable energy recycling may be 2.4, 5.3 and 7.5 times of the present level by 2020, 2030 and 2040.
Exuberant over the news, some Chinese businesses are increasing their input into renewable energy recycling. Suzhou Boamax Technologies Group Co., Ltd. (002514.SZ) mulled acquiring 100 percent equities of Shenzhen Jie Chi Technology Co., Ltd., an online PCB waste liquid recycling firm, to wade in renewable energy recycling business at a price of 1.06 billion yuan.
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