Development Outlook for 2024

Development Outlook for 2024

1. Policy Aspect

Solid waste pollution prevention is a crucial part of ecological civilization construction and environmental protection. With the successive release of the national "14th Five-Year Plan" and related policies, the recycling level of solid waste has been further improved. Supported by national policies, the green low-carbon model of "waste classification + comprehensive utilization + waste-to-energy" is gradually becoming the mainstream approach for solid waste utilization and disposal. Under the "dual carbon" goals, it is essential to strengthen top-level design guided by national policies, enhance the development of fundamental and leading standards, set short-term and long-term work plans, build a green manufacturing system, improve the resource recycling standard system, and collectively promote the construction of "waste-free cities." This will improve resource utilization efficiency, reduce carbon emissions in related processes, and achieve synergistic effects of pollution and carbon reduction.

2. Market Aspect

China's solid waste treatment and utilization industry encompasses a wide variety of types and a large number of enterprises, but overall scale is relatively small, with few leading companies. The number of enterprises in solid waste treatment and utilization has increased significantly, with substantial market demand growth in areas such as construction waste recycling, waste-to-energy, and recyclable resources. To enhance the concentration of China's solid waste disposal and utilization industry, the process of regional integration should be actively promoted. This includes nurturing key enterprises, allowing those with strong capital capabilities, advanced technology, and operational management experience to find new development opportunities. Promoting industry integration and the coordinated development of waste-producing and waste-utilizing enterprises will extend the industrial chain of solid waste resource utilization and improve comprehensive service across the entire industry chain.

3. Technical Aspect

The solid waste treatment and utilization industry is a systematic project involving multiple industries and fields, relying heavily on technological and equipment innovation. Strengthening research capabilities and funding through industry-academia-research collaboration and joint technological efforts is crucial. Connecting upstream and downstream enterprises in the industrial chain will focus on developing key technologies and major equipment for the harmless utilization and disposal of solid waste. This will push the industry towards green and low-carbon production processes, intelligent, automated, and integrated technology and equipment, and high-quality, high-value products. Continuously improving solid waste comprehensive management capabilities will achieve comprehensive pollution control and efficient resource utilization of solid waste, contributing to green, low-carbon circular industry development and aiding in achieving the "dual carbon" goals.