Circular Economy Efficiency and Influencing Factors of Chemical Industry in China

Abstract

This paper aims to study the current circular economy efficiency and influencing factors in the domestic chemical industry. To this end, the comprehensive analysis was conducted about the economic industry chain, industrial symbiosis, modes, eco-efficiency and influencing factors of the circular economy in the chemical industry. Besides, the model of the natural ecosystem was introduced, and key indicators were used to evaluate the circular economy. The results show that the main influencing factors on the healthy and sustainable development of the chemical industry are the pollutants emissions and the resources consumption, which are inconsistent with the concept of energy conservation and environmental protection advocated under the current social and economic development. Through the analysis and research on the information and influencing factors involved in circular economy, it’s concluded that in order to realize the circular economy of the chemical industry, the human’s demands for resources should be integrated and the emission of pollutants should be reduced by replacing the traditional linearly-growing economy dependent on resources consumption with circular economy of ecological resources. Thus, the economic activities shall be carried on through the promotion and application of the natural ecosystem model so as to realize the common development of the economy and the environment.