Why Chinese Enterprises Largely Import Waste Plastic

Plastic resource is called “human second mineral resource”, “treasure in the city”.  

In addition, because the vast majority of non-degradable plastic, over time, causing serious white pollution and damage to the environment. China, as a developing country, is activelyrecycling waste plastics which will benefit future generations. That is why, since the reform and opening up, China has imported a large quantity of waste plastics from abroad. 

Waste plastics, mainly refers to the plastic scraps. Many used plastic products, such as mechanical and electrical housings, plastic bottles, compact discs, plastic buckets, plastic boxes, pasteurized, cleaning, crushing, granulation, still can be used as raw materials for processing and re-use of plastic, and some waste plastics performance is even better than the ordinary new synthetic resin material. 
China is the world's second largest producer of plastic products, but has long been our limited supply of synthetic resin production capacity, to rely on imports to make up a considerable part of the demand gap. Compared with the plastic raw materials, plastic waste is not only at low price, but after a lot of waste plastics processing, still maintain good processing properties and physic-chemical indicators. 

It is coupled with lower import tariffs and transportation costs, but process and sale in domestic considerable profit market. Meanwhile there is a large market demand for recycled plastic in our country. So the skyrocketing price of synthetic resin results in more and more enterprises to import large quantities of waste plastics to reduce cost. 
It is understood that in many developed countries, there are very strict requirements for waste disposal, the costs are high, but the government has subsidized recycling business. For example Japan said in 1995 on The Development of Container Packaging Recycling Law that companies can collect recycling beverage vendors. 

In Japan, waste plastics must undergo a rigorous treatment, waste plastics cannot be used must be incinerated. But also to receive a high waste disposal costs. China and Japan are close; transportation costs are not high, and China is in great demand for waste plastics. Therefore, most companies choose to collect waste plastic and sell to low processing cost countries. 
In China, for PET bottles waste plastic products can be a low cost renewable resources, since 2000 after strong Chinese demand, many recycling plants start buying the PET bottles. So in this case, there are more and more enterprises into this field. 

Some of these poor waste disposal companies in order to evade the high cost, they take all sorts of illegal means, to keep some of the waste plastic garbage shoddy, particularly those likely to cause environmental problems in his domestic products 'entrainmentexports' to China, this not only eliminates the need for waste disposal costs in the country, and even some you can also earn some profit, which is the main cause of last year, "Hedge action", largely effectively curb this behavior. 
Waste plastics import business is renewable, but those "Foreign Garbage" waste, for the enterprise, are not only useless, but also bear a great responsibility, causing damage to the enterprise. Therefore, the editors believe that, in large part, corporations are also the victims of "Foreign Garbage" incident.