A practical inspiration on used product recycling in Chinese context: recovery-responsibility trading right strategy

Release time:2020-05-21|Hits:

Journal:Proceedings of the 2016/5th International Conference on Energy and Environmental Protection

Key Words:used product recycling; Chinese context; recovery responsibility; trading right.

Abstract:Faced with the international environmental pressure and transaction obstacles, Chinese government has enacted and implemented laws which contain the requirement of EPR (Extended Producer Responsibility) in manufacturing industry. However, the implementation effect is not ideal. Firstly, this paper explores the current characteristics of used product recycling in Chinese manufacturing industry via the method of case study: a. the recycling condition of OEM-dominated mode is relatively mature for many OEMs which have established their own recycling subsidiary or held shares in  third party recycling enterprises; b. the existing OEM recycling capacity is uneven and not furthest utilized; c. the OEMs’ initial EPR efforts are not effectively stimulated and rewarded. Based on the above features, the recovery-responsibility trading right of used product recycling is put forward. Compared to the carbon trading right, the recovery-responsibility trading right emphasizes some special factors. This paper systematically elaborates the idea of recoveryresponsibility trading right strategy and proposes the implementation framework of recoveryresponsibility trading right strategy based on the practical operation.

First Author:Shuiye Niu*, Fangchao Xu

Indexed by:Essay collection

Discipline:Management Science

First-Level Discipline:Management Science and Engineering

Document Type:C

Page Number:332-335

Translation or Not:no

Date of Publication:2016-05-01

Included Journals:CPCI-S