Policy Update in April

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[Adjustment of import management policy of scrap metal such as copper scrap] 8 varieties of solid waste, such as copper scrap, aluminum scrap, etc. , are adjusted to Catalogue of Solid Waste Restricted to import as raw material, and the import approval system will be implemented. The application and approval of the solid waste import license will be strictly approved in accordance with the relevant requirements of Environmental Protection and Management Regulations of Solid Waste Restricted to import as raw material. It will be effected from July 1st, 2019.

 

[The Law of the People’s Republic of China on the Prevention and Control of Environmental Pollution of Solid Wastes (2019) will be introduced] The Ministry of Ecology and Environment will publish the Law of the People’s Republic of China on the Prevention and Control of Environmental Pollution of Solid Wastes (Revised Draft), it attracted wide attention of the public. In addition to adding extended producer responsibility system and waste separation system, it also amended the specific penalties and raised the fines to 1 million yuan for a number of unlawful act.

 

[Thematic Forums of The Second Belt and Road Forum International Cooperation Held in Beijing] In April 25th, Thematic Forums of The Second Belt and Road Forum International Cooperation held in Beijing. The theme of the thematic forum is “Building Green ‘Belt and Road’, Working Together to Achieve the Agenda for 2030 Sustainable Development”, aiming at sharing the concepts and practices of ecological civilization and green development, promoting the co-construction of national and regional implementation of the 2030 sustainable development goals, and creating a a community of shared green future.

 

[After Tax Reduction, Invoice Points of Scrap Aluminum Fell to 9%] As a result of VAT tax reduction, invoice points of scrap aluminum fell to 9%.

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