# circular economy
Latest news and articles about circular economy
Total: 2 articles found
Shanghai Moves to Supercharge the Second‑hand Economy with 'Internet+' Push and Tighter Rules
Shanghai has issued guidance to expand its second‑hand goods market by scaling an “Internet+” model, improving trade‑in and registration procedures for cars and electronics, and encouraging third‑party testing and appraisal services. The package aims to boost consumption, formalise trading practices and advance circular‑economy goals, while posing enforcement and data‑privacy challenges.
China’s Post‑05 ‘Treasure Hunters’ Recast the Second‑Hand Market — Gold and RAM Become New Hard Currency
China’s Post‑05 generation is transforming second‑hand consumption from a cost‑saving exercise into an appetite‑driven hunt for scarce goods, driving rapid user growth and higher spending on resale platforms. Certain categories — notably gold, memory modules and classic luxury pieces — have behaved like “hard currency,” retaining or gaining value even as broader product categories depreciate.