China's Vice Premier Li Keqiang called on May 14 for the development of a recycling economy to improve resource utilization efficiency and protect the environment.
Developing a recycling economy was a significant mission for China, which urgently needed to change its economic growth mode of "high consumption, high pollution and poor recycling," said Li in an inspection tour to a state recycling economy pilot base under ChinaChem Group.
Li said developing a recycling economy would help the enterprises improve product structures, fuel technology innovation and improve competitiveness.
He called for a combination of resource conservation, environment protection and economic efficiency to cultivate emerging "green" industries.
Authorities should transform traditional industries by promoting a clean, efficient and safe production, said Li.
Li also called for more investment in recycling economy development, and implementation of supporting government fiscal, pricing and financial policies.