China has set an ambitious goal to recycle half of its electronic waste by 2025, in particular, due to new research finding that they are expected to have up to 6 billion used mobile phones by that date. E-waste has emerged as the globe's fastest-growing waste stream, raising significant environmental and health worries, particularly in countries such as China, which play major roles in importing and producing e-waste.

In response to these issues, the Chinese government, alongside international entities and corporations, is prioritising the enhancement of e-waste recycling efforts. However, the formal recycling process currently operates at just 40% efficiency, according to a 2021 study, leaving a considerable portion of e-waste still managed informally, which has exacerbated environmental harm and health hazards.

The China Circular Electronics and Material Value Chains project, an initiative by the Platform for Accelerating the Circular Economy (PACE) section of the World Economic Forum, is a prime example of initiative aiming to embed recycled materials into electronic products and devices. Through collaboration between multinational corporations, the Chinese government, and the domestic material recovery sector, this project seeks to trial new regulatory strategies, technologies, and partnerships.

Why does it matter?

China's pledge to recycle half of its e-waste by 2025 represents a pivotal stride in tackling the escalating e-waste challenges and promoting a more sustainable approach to electronics manufacturing and waste management. By embracing circular economy models, businesses can unlock new opportunities, mitigate environmental impact, and contribute to a greener future. This commitment resonates with global initiatives and highlights China's commitment to fostering innovation and sustainability in the electronics sector, setting an example for other nations to address the e-waste crisis.