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Home >> Business
UPDATED: 08:03, September 30, 2004
China to build "remanufacturing" as one of its pillar industries
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China strives to build the "remanufacturing" industry as one of its pillar manufacturing industries, said Xu Binshi, member of the Chinese Academy of Engineering, Wednesday.

"China will also establish related auxiliary industries, aiming to promote the national economy and realize re-employment and sustainable development," said Xu at a national workshop on "recycled economy."

He went on to say that remanufacturing and self-renovation are in China's medium and long term plans as a priority development theme and a key technology in the manufacturing sector.

From the 1990s on, there have been enterprises in China studying remanufacturing, noted Xu.

Although the remanufacturing project is yet to be mature, he said, it is a "sunrise industry" and a potential giant industry, which has the ability to improve the quality and performance of products, reduce material consumption, save energy resources and protect the environment.

Xu added that the crucial step of putting forward China's remanufacturing industry is to establish relevant laws and standardize business activity and market operation.


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