"ADVANTAGE"



Waste classification drives industrial innovation


Taking China Tianying as an example, according to the company's latest 2019 annual performance forecast, the company expects that the net profit attributable to shareholders of listed companies in 2019 will be 690 million yuan to 730 million yuan, an increase of 219%-237% from 216 million yuan in the same period last year. Net profit is expected to triple, marking China Tianying in recent years to promote technology upgrading and constantly improve the industrial chain strategy, has made significant progress.


It is understood that Germany implemented garbage classification earlier, and has now established a complete waste treatment industry system, data show that the industry employs more than 250,000 people, covering engineers, workers, civil servants and other different occupations. The annual turnover is as high as 50 billion euros (about 390.8 billion yuan), accounting for about 1.5 percent of the national economic output. In Japan, rare earth elements, the most commonly used in electronic devices, are recycled from garbage to meet about 30 percent of its industrial needs.