Origin and Background of Circular Economy Development
Circular economy was introduced in China in 1998 as a concept. In 2002, it became a national strategy only after four years of theoretical preparation. “A circular economy, based on the most efficient use of resources and the most effective plan for environmental protection, was the only way to achieve sustainable development,” Jiang Zemin, President and General Secretary of the CPC central committee said at the second assembly of the Global Environment Facility (GEF). Later on, the National Development and Reform Commission announced officially documents that promoted circular economy development, while China’s legislator formulated the Circular Economy Promotion Law, which brought it into practice.