Waste management becoming big business

Regulations requiring Shanghai households and enterprises to sort their trash will create opportunities in circular economy

Trash sorting was a hot topic in Shanghai in the weeks before a new municipal regulation on waste management took effect on July 1, requiring everyone, from households to businesses, to sort their trash into recyclable, kitchen, hazardous and residual waste.

Though the regulation inconveniences people while they form new habits and those who don't comply face fines, it has boosted existing waste treatment business and will create new opportunities in the circular economy.