As one of the company's global strategic production bases, the Tianjin plant has established a circular, zero-pollution assessment model, set ambitious zero-carbon goals for each production chain, and achieved 100 percent reliance on green electricity and water recycling, all through the use of intelligent technologies.

China and the European Union have also renewed their Memorandum of Understanding on circular economy cooperation, continuing exchanges at multiple levels and across various fields. Meanwhile, China and Sweden have hosted six consecutive editions of a forum focused on the utilization of waste textiles.

"In recent years, the circular economy has become an important topic in multilateral diplomacy and a key area of China's bilateral cooperation," said Zhao Kai, executive vice-president of the China Association of Circular Economy.

Zhao added that many international organizations, including the United Nations and major developed economies, are increasingly viewing the development of the circular economy as a key strategy to address climate change and reduce greenhouse gas emissions.

In November 2024, GEM Co., Ltd., a Chinese enterprise specializing in the circular economy, formed a partnership with an Indonesian company to enhance local hydrometallurgy and improve the recycling efficiency of nickel products in subsequent circulation.

Singapore WIS Holdings Tianjin Company, has also started operation in Sino-Singapore Tianjin Eco-City, working on smart garbage sorting, urban road cleaning, landscaping projects and comprehensive waste treatment.

"China's 'circle of friends' to develop the circular economy is constantly expanding," Zhu Liyang said.