The State Council issued a document encouraging social capital to participate in the recycling of waste products.

　　Recently, the General Office of the State Council issued the Implementation Plan of Extended Producer Responsibility System, which defined the scope of extended producer responsibility as four aspects: carrying out ecological design, using recycled raw materials, standardizing recycling and strengthening information disclosure, taking the lead in implementing extended producer responsibility system for products such as electrical appliances, automobiles, lead-acid batteries and packaging, and made clear the work priorities of various products.

　　The plan proposes that by 2020, the relevant policy system of extended producer responsibility system will be initially formed, and the ecological design of products will make great progress. The standardized recovery and recycling rate of waste products of key varieties will reach 40% on average. By 2025, the laws and regulations related to the extended producer responsibility system will be basically improved, and the ecological design of products will be widely implemented. The proportion of recycled raw materials for key products will reach 20%, and the standard recycling and recycling rate of waste products will reach 50% on average.

　　The plan pointed out that it is necessary to speed up the revision of the circular economy promotion law, the management measures for recycling scrapped automobiles and the management regulations for recycling of discarded electrical and electronic products, and formulate the management measures for recycling lead-acid batteries, the interim measures for recycling power batteries of new energy vehicles, the catalogue and management measures for compulsory recycling products and packages, and the management measures for extended evaluation of producer responsibility in a timely manner. Establish and improve standards and norms in product ecological design, recycling and information disclosure, and support the formulation of group standards in the field of extended producer responsibility. Piloting the standardization of ecological design. Establish a unified green product standard, certification and labeling system, and include eco-design products, recycled products and remanufactured products.

　　In addition, it is also necessary to study the innovative support methods for regions and related enterprises that carry out pilot projects to extend producer responsibility, and increase support. Encourage the use of government and social capital cooperation (PPP) mode and third-party service mode to attract social capital to participate in the recycling of waste products. Establish a green financial system, implement green credit guidelines, guide banking financial institutions to give priority to enterprises that implement the extended producer responsibility system, and support qualified enterprises to issue green bonds to build related projects. Through the national science and technology plan (special projects, funds, etc.), we will support the research and development of common key technologies in ecological design, green recycling, and testing of recycled raw materials. Support production enterprises, resource recycling enterprises, scientific research institutes and institutions of higher learning to form Industry-University-Research Technological Innovation Alliance.