On May 23, the Wuhan Municipal Government’s executive meeting reported that in order to develop a circular economy, the city has established a public service platform for the recycling of resources such as urban mineral exchanges, which will be unveiled in the near future. Urban minerals are an image metaphor for the scaled development of recycling of waste resources. Specifically, they refer to wastes such as waste electrical and mechanical equipment, wires and cables, and waste household appliances generated during the industrialization and urbanization process. Recyclable steel, non-ferrous metals, precious metals, plastics , rubber and other resources. According to the person in charge of the Wuhan Development and Reform Commission, the registered capital of the exchange is 10 million yuan, and it is expected that the transaction volume in three years will be more than 5 billion yuan.
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