Circular Economy in China and Lessons to Vietnam

Author(s)

Xuan Phu Pham , Thi Minh Hai Tran , Thi Kim Phuong Tran ,

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Volume 9 - October 2020 (10)

Abstract

This research provided an overall review of literature on the circular economy in China and the sustainable development strategy elsewhere. The current practice of the strategy is being carried out at the micro, intermediate and macro levels covering production, consumption, waste management, and various public support programs to promote, regulate, monitor, and evaluate CE’s successful implementation. Also, this thesis gives several recommendations for Vietnam in the implementation of CE such as better management of importing secondary raw materials as well as hazardous waste, more concentration in the transition to the circular economy through laws and policies. Moreover, it can be said that economic benefits should be closely tied with the responsibility, in order to successfully apply circularization.

Keywords

International trade, circular economy, China, Vietam

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