The core of cycle economy is high resources’utilization and circular utilization which regards“reduce

reuse and recycle”as its main principle. Nowadays

the“cycle economy” similar to the“knowledge economy”has already been incorporated in the economic concept of China’s mainstream and it will have far-reaching impact on China’s future economic development. With a large population

China’s resources are relatively deficient

in addition

in the past days economic development has brought about serious destruction of environment and high energy consumption. As a result

it will be inevitable for China to develop cycle economy in the future.