China Launches State-Owned Recycling Company to Enhance Resource Management

Post Views: 462 Scrap metal New Initiative for Sustainable Development The Chinese government has announced the establishment of a new state-owned enterprise (SOE), China Resources Recycling Group Co. Ltd. (CRRG), aimed at creating a comprehensive national platform for recycling and reusing resources. This initiative is part of China’s broader commitment to green, low-carbon, and circular development. Key Shareholders from Metals Industry According to a report by state-run Xinhua news service, CRRG’s primary shareholders include major players in the metals production sector, such as Baow...