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Sectoral surge sees rise in revenues

By China Daily | China Daily | Updated: 2018-07-05 07:35

China's recycling sector surged in 2016, reversing a long trend of lean company revenues.

More than 250 million metric tons of waste materials were collected, a rise of 3.7 percent from 2015, according to a report published by the Department of Circulation Industry Development at the Ministry of Commerce in May last year.

The waste collected was worth more than 590 billion yuan ($88 billion), a year-on-year rise of 14.7 percent.

Sectoral surge sees rise in revenues

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