On October 18, a new central enterprise, China Resources Recycling Group Co., Ltd., was officially established in Tianjin.

The establishment of China Resources Recycling Group is a concrete action to respond to the country's green development concept. Through professional integration, it optimizes the layout of state-owned capital and promotes the high-quality development of the state-owned economy.

The shareholders of China Resources Recycling Group include Sinopec, China Baowu, China Minmetals, China Resources Group, China Aluminum Corporation and many other central enterprises. After the establishment of the group, it will also expand the recycling business of related durable consumer goods such as scrapped motor vehicles, home appliances and electronic products, and retired wind power, photovoltaic components and other major equipment products.

Ma Yongsheng, Secretary of the Party Committee and Chairman of China Petrochemical Corporation: China Resources Recycling Group will recycle and reuse scrap steel, scrap power batteries, scrap plastics, scrap non-ferrous metals, etc., which will help improve energy and mineral self-sufficiency. Taking the recycling of waste plastics as an example, it is estimated that about 43 million tons of waste plastics will be incinerated or landfilled in China in 2023. If 50% of them can achieve chemical recycling, it is equivalent to developing an oil field of more than 60 million tons, which is of great significance to the security of national energy and mineral resources.

It is understood that after the establishment of China Resources Recycling Group, it will lead to the formation of a number of intensive processing industrial clusters in the field of circular economy. Promote the realization of all wastes in the whole society to be collected and used as much as possible, and greatly improve the quality and level of national economic circulation. At the same time, improve the tiered recycling network composed of central bases, satellite bases and cooperative bases, and improve the scale and intensive level of recycling of renewable resources. Play a bottom-line guarantee role in maintaining the security and stability of national strategic resources, enhancing the endogenous driving force of China's large-scale circulation, and improving the security and resilience of the industrial chain and supply chain.

Lin Qingmiao, Director of the Enterprise Reform Bureau of the State-owned Assets Supervision and Administration Commission of the State Council: Taking the establishment of China Resources and Environment Group as a new starting point, use modern information technology to smooth the recycling chain of renewable resources, and accelerate the exploration and formation of a sustainable business model of "replacement + recycling". Undertake the important task of building and operating a Chinese and functional resource recycling and utilization platform, and serve as a firm executor to promote large-scale equipment renewal and consumer goods replacement.

According to the development goals of the national plan:

By 2025, the output value of China's resource recycling will reach 5 trillion yuan, the annual utilization of bulk solid waste will reach about 4 billion tons, the recycling of major renewable resources will reach 450 million tons, and the resource utilization ratio of domestic waste will increase to about 60%;

By 2030, the annual utilization of bulk solid waste in China will reach 4.5 billion tons, the recycling of major renewable resources will reach 510 million tons, and the resource utilization ratio of domestic waste will increase to 65%.

Building China's Renewable Resource Utilization Service Platform

What is the main business of this youngest central enterprise? What will it do after its establishment? CCTV reporters interviewed the head of this new central enterprise at the first time. Let's listen to what he said.

Liu Yu, Party Secretary and Chairman of China Resources Recycling Group Co., Ltd.: Implementing resource recycling is a key link and important measure to promote large-scale equipment renewal and the replacement of old consumer goods with new ones. These waste products and equipment contain a large number of recyclable resources such as steel, non-ferrous metals, precious metals, plastics, rubber, etc. Effective recycling and recycling of these resources is equivalent to opening a "second mine", which can reduce the demand for primary resources and reduce the pressure of mineral resource mining on the natural environment. At the same time, it also creates a broad market space for the development of the recycling industry of renewable resources.

Liu Yu believes that as a central enterprise, when entering the field of recycling and utilization of renewable resources, the focus of work cannot simply repeat the low-level traditional waste recycling business. What is more important is to break the long-standing destructive and barbaric dismantling of renewable resources through scientific and technological innovation, and enhance the added value and application areas of the back-end products of the reuse resource industry chain. At the same time, as the national team for the utilization of renewable resources, it is more important to establish a service platform for the coordinated development of the entire industry and vigorously promote industry integration and high-quality development.

Liu Yu, Party Secretary and Chairman of China Resources Recycling Group Co., Ltd.: We will seize the opportunity of vigorously developing the circular economy, take the integration of central enterprises' resources as the guide, gradually deepen the integration of China's related industries, build a comprehensive service platform for China's renewable resource utilization, and continuously enrich the categories of waste recycling. We will coordinate and activate China's recycling-related resources, and build a multi-level, three-dimensional, and efficient resource recycling and reuse system. China Resources Recycling Group will follow the circular economy concept of reduction, reuse, and resource utilization, and build a comprehensive solution provider integrating warehousing, processing, distribution, old-for-new, standard formulation and output, and strive to become a pioneer in the standardized operation model and standard formulation output of China's circular economy industry.

Since the beginning of this year, the professional integration of China's state-owned enterprises has accelerated

China Resources Recycling Group, which was formed by the integration of related business sections of many central enterprises, is just a microcosm of the professional integration of China's state-owned enterprises. In recent years, the pace of professional integration of state-owned enterprises has been accelerating.

Not long ago, the State-owned Assets Supervision and Administration Commission of the State Council held a meeting to promote the professional integration of central enterprises, and 12 groups of 26 units, including China Telecom, China Chengtong, and China Green Development, signed contracts for professional integration projects. Most of the projects belong to strategic emerging industries such as artificial intelligence, new materials, new generation mobile communications, and new energy vehicles.

In the field of new energy vehicles, China Chengtong has carried out equity cooperation with China FAW, Dongfeng Motor, and China Ordnance in the power battery sector.

In the field of new generation information and communications, China Telecom and China University of Science and Technology have signed a quantum technology cooperation project, and China Unicom and Chongqing Municipal Government have signed a rural revitalization digital industry cooperation project.

In the field of artificial intelligence, China Green Development and iFlytek have signed an artificial intelligence cooperation project. At the same time, China Green Development has also signed a lithium battery capacitor cooperation project with the Institute of Electrical Engineering of the Chinese Academy of Sciences. In addition, the projects signed on the spot also include the cooperation project between China Automotive Technology and Research Center and Shanghai Lingang Group's cross-border service platform for automobile data, the cooperation project between Aviation Industry Corporation of China and China Aero Engine Corporation of China for composite components, and the professional cooperation project between China Nonferrous Metals Group and China Rare Earth Group for rare earth smelting and separation.

Lin Qingmiao, Director of the Enterprise Reform Bureau of the State-owned Assets Supervision and Administration Commission of the State Council: We have seen recent professional integration, and there has been more and more integration between central enterprises and other types of different market entities. Some private enterprises in these fields have a relatively good foundation. Through an innovation consortium, we must be able to connect the innovation chain with upstream and downstream enterprises in this industry along the industrial chain and value chain to form a very good innovation ecology. In the next step, central enterprises will give full play to their advantages in industry, capital, technology, etc., form a strong driving force in some key areas, and lead the overall high-quality development of the industry.

Since 2023, the State-owned Assets Supervision and Administration Commission of the State Council has actively promoted the professional integration of central enterprises, and promoted 25 groups of 29 central enterprises to cooperate in the fields of ecological protection, biotechnology, and intelligent connected vehicles.

In the next step, the State-owned Assets Supervision and Administration Commission of the State Council will focus on promoting professional integration from four aspects:

Focus on the "9+6" key areas to help strategic emerging industries develop better;

Promote the consolidation, supplementation and strengthening of the chain, and consolidate the foundation for the integrated development of the industrial chain and supply chain;

Forge core competitive advantages and firmly grasp the initiative for future development;

Promote integration and fusion, optimize resource allocation, and effectively improve the efficiency of state-owned capital operations.