New Pathway in Foreign Trade under Circular Economy: Second-Hand Equipment and Recycled Materials Export

Hello, everyone! Today we'll explore a 'niche yet booming' new frontier in foreign trade — the circular economy! Did you know? The global circular economy market has surpassed 6 trillion yuan, with China, the 'world's factory,' shifting from 'selling new products' to 'selling recycled resources.' Second-hand equipment and recycled materials exports have become the new password for companies to thrive!

Let's start with second-hand equipment! The European energy crisis and inflation pressures have forced many companies to 'cut costs to survive,' making China's high-value second-hand textile machinery, photovoltaic components, and engineering machinery hot commodities. In 2024 alone, Southeast Asia saw a 300% surge in second-hand equipment inquiries! Even better, national policies are lending a hand — simplified export procedures in free trade zones, VAT exemptions, and higher profit margins than new products!

Now, let's talk recycled materials! The EU mandates a 60% textile recycling rate by 2030, but local processing costs are exorbitant. A Zhejiang company turns plastic waste into recycled polyester fiber, exporting directly to Europe with doubled profits! Note: These products require international certifications (eg, GRS Global Recycling Standard), or orders could vanish into 'risk zones.'

For foreign trade professionals, this is a golden opportunity to ride the trend and seize market dominance. By tapping into second-hand equipment and recycled materials exports, businesses can shine on the circular economy stage. Follow me for more foreign trade insights!

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