My Documentary Video (Modified)
Posted: May 22nd, 2009 | Author: Meng Xing | Filed under: video, waste industries | Tags: economy, policy | No Comments »I interviewed to Mr. Zhu who is the secretary-general of Ningbo Renewable Resources Industry Association. So I modified my original video and add this interview to it.
According to Mr. Zhu, at present, there are two problems in the recycling industry: firstly, the prices of waste have declined rapidly due to the financial crisis. Secondly, according to the tax policy, from 1st January, 2009, the recycling companies should pay value added tax (17%). However, they were tax-free before. Now, the recycling companies can not suffer this hard situation and some of them have gone bankrupt.
In order to develop circular economy, governmental policies should give the recycling industries more supports. Now, you can open this video and watch more details.
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