China to recycle 70% waste products by 2015

China is going to put in place a complete and advanced system to recycle 70 percent of major waste products by 2015.

Updated: Nov 07, 2011, 12:49 PM IST

Beijing: In a move to prevent the likelihood of posing any danger to the environment, China is going to put in place a complete and advanced system to recycle 70 percent of major waste products by 2015.

The system should feature a complete waste collection network, advanced technologies, well-functioning sorting and standard management, Xinhua quoted the guidelines posted on the government`s website as saying.

Major waste products in the guidelines include metal, paper, plastic, glass, tires, cars and electronic devices.

"It`s extremely urgent to establish such a system, the absence of which not only prevents the recycling of resources but also poses an imminent threat to the environment," it stressed.

To speed up the building of the system, the guidelines encourage a broad array of investments to participate in the initiative.

Small and medium-sized enterprises, as well as individual sanitation workers, should be employed to carry out the collection work, it said, adding that favourable policies in terms of financing and land-use would also be available.

In 2009, China recycled 140 million tonnes of waste, resulting in 500 billion yuan (about $79 billion) in value, according to a statement from the commerce ministry.

IANS