[Policy Update] NDRC and Regulators Issue "Action Plan for the Promotion and Application of Recycled Materials"

📰 News Highlight

The National Development and Reform Commission, along with several other departments, officially released the "Action Plan for the Promotion and Application of Recycled Materials." The plan aims to refine the waste recycling system and establish a robust standard and certification framework by 2030.

⚙️ Core Components

1.       Integrated Industrial Hubs: Development of large-scale, integrated recovery–dismantling–processing–distribution hubs and specialized paper-sorting centers.

2.       Cross-Sector Implementation: Increasing recycled-material substitution rates across the automotive, electrical & electronic, textile, and packaging industries.

3.      Battery Circularity: Establishment of comprehensive closed-loop recycling systems for power and energy-storage batteries.

💡 Key Takeaways

1.       Waste-to-Strategic Resource Shift: Reframing recycled materials from environmental waste to strategic resources to enhance supply-chain resilience and reduce reliance on imported primary raw materials through urban mining.

2.       Standards as a Market Enabler: Establishment of standardized certification systems to ensure quality consistency and enable the use of recycled materials in high-end manufacturing without compromising product integrity.

3.       Mandatory Supply Chain Transformation: Enforced circular supply-chain redesign (eco-design) in the automotive and electronics sectors, driving demand for high-quality recycled polymers and metals.

[Market Update] CIKD Releases China’s Progress Report on the Implementation of the 2030 Agenda for Sustainable Development (2025)

📰 News Highlight

The Center for International Knowledge on Development officially released the China’s Progress Report on the Implementation of the 2030 Agenda for Sustainable Development (2025), highlighting China’s significant strides in poverty eradication, food security, ecological protection, and global development partnerships.

💡Key Takeaways

1.       China has achieved or is on track to achieve 141 of 233 SDG indicators, completing extreme poverty eradication, zero hunger, and universal education ahead of 2030, providing a scalable model for the Global South.

2.       China strengthens global food security through modern agri-food systems, climate resilience, and agricultural cooperation.

3.       Through 190+ projects in 70+ countries, China has benefited over 40 million people, advancing shared sustainable development.

[Carbon Market]

During December 29 – December 31, the total transaction volume of Carbon Emission Allowances (CEA) in Chinese National Carbon Market reached 6,927,636 tons, with a total transaction value of USD 72,693,830.96 . The highest price was USD 10.87/ton, and the lowest price was USD 10.18/ton. For bulk agreement transactions, the volume was 4,181,949 tons, with a transaction value of USD 43,755,503.49.