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Tuesday, April 25, 2000, updated at 09:32(GMT+8)
Business  

China Builds First Recycling Industrial Zone

Work on China's first recycling industrial zone has just begun in Zhangzhou, a booming city in east China's Fujian Province.

The Quantong Fujian Recycling Industrial Zone, which will cost US$ 29.8 million in the first stage, is to concentrate on recovering and extracting useful materials from industrial waste. It is designed to recycle 4.5 million tons of waste materials annually, including two million tons of discarded iron and steel, one million tons of scrap copper and one million tons of waste aluminum.

The zone, to be open to both domestic and overseas investors, is expected to employ 20,000 people and generate 10 billion yuan (US$ 1.2 billion) in industrial output every year.

China currently has approximately 1,500 factories engaged in recycling waste materials. It wants to raise the recycling rate of industrial waste gas, waste liquids or sewage, and solid waste from 45 percent to 50 percent this year.




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The Quantong Fujian Recycling Industrial Zone, which will cost US$ 29.8 million in the first stage, is to concentrate on recovering and extracting useful materials from industrial waste. It is designed to recycle 4.5 million tons of waste materials annually, including two million tons of discarded iron and steel, one million tons of scrap copper and one million tons of waste aluminum

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