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The Ministry of Finance and the State Administration of Taxation issued document [Cai Shui (2015) No. 78]

Nanjing 2015 Precious Metals Working Conference

Chifeng Gold plans to invest 100 million yuan to take a controlling stake in Guangyuan Technology, entering the waste home appliance dismantling industry.

Chifeng Gold stated that Guangyuan Technology is a waste electrical and electronic product processing enterprise that has been confirmed by the Ministry of Environmental Protection, Ministry of Finance, Development and Reform Commission, and Ministry of Industry and Information Technology to enjoy national environmental protection fund subsidies. It can create synergistic effects with the company's wholly-owned subsidiary, Chenzhou Xiongfeng Environmental Protection Technology Co., Ltd. This acquisition will enable the company to achieve complementary advantages and resource sharing, further optimize its business structure, expand its business scale, and enhance its profitability and sustainable development capabilities.

By 2020, the recoverable amount of domestic recycled resources will reach 300 million tons

Zhang Yanghui, vice secretary-general of the China Resource Recycling Association, said on the 29th that by 2020, the recoverable amount of seven types of recycled resources in China will reach 300 million tons, approximately double the current scale.

Greenwich's scrapped car dismantling project put into production

Recently, the automobile recycling workshop of the Greenmei Tianjin Urban Mine Recycling Industrial Park, invested and constructed by Shenzhen Greenmei High-Tech Co., Ltd., has been completed with a construction area of 36,000 square meters and has started the dismantling and processing of various types of scrapped cars and motorcycles.

The National Development and Reform Commission announced the second batch of national circular economy pilot demonstration units

In accordance with the requirements of the "Notice on the Organization and Implementation of the Acceptance Work of National Circular Economy Demonstration Pilot Units" (Development and Reform Commission, Environmental Protection Department [2013] No. 471), the National Development and Reform Commission, the Ministry of Environmental Protection, the Ministry of Science and Technology, the Ministry of Industry and Information Technology, the Ministry of Finance, the Ministry of Commerce, and the National Bureau of Statistics jointly organized the acceptance work of the national circular economy pilot demonstration units. The list of units that passed the acceptance (second batch) and the list of units that did not pass the acceptance are hereby announced.

Public Notice on the Preliminary List of Candidate Bases for the Sixth Batch of National "Urban Mines" Demonstration Bases [Appendix: List of 50 Bases in 6 Batches]

The National Development and Reform Commission and the Ministry of Finance commissioned the China International Engineering Consulting Corporation to organize experts to review the implementation plans submitted by various localities for the sixth batch of national "urban mine" demonstration bases. Six parks, including Jiangsu Dainan Technology Park, were preliminarily selected as national urban mine demonstration bases.

Xiamen to build automobile scrapping and dismantling processing base

Recently, it was learned from the Xiamen Municipal Environmental Protection Bureau that Xiamen will build a new automobile dismantling and processing base in Xiang'an. Upon completion, it will be able to dismantle and process 30,000 scrapped vehicles annually. The total investment is 65 million yuan, and it is expected to be completed by the end of the year. Currently, the project is in the environmental impact assessment public announcement phase.

Difficulty in recycling has become a bottleneck in the development of the dismantling industry. Supportive policies are urgently needed.

In recent years, China's automobile production and sales have both maintained a sustained growth trend, and the number of automobiles in use has also continued to increase. China has become the world's largest automobile producer and consumer market. From the perspective of automobile sales, after 2000, China's automobile industry entered a stage of explosive demand growth, and new vehicle sales grew rapidly. The scrappage period for automobiles is usually 10-15 years. It can be expected that China will enter a peak period for automobile scrapping after 2015.

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