This article is based on a GCiS multi-client market research report: China Biodegradable Plastics Market Research Report.
China’s Green Revolution
Source: China Engineering Plastics Website.
According to GCiS China Strategic Research, 135,000 tons of bio-plastics were sold in the China market in 2016. Largely driven by regulatory mandates in environmental protection, the bio-plastics market is expected to continue growing over the next 5 years. Following the State Council’s ‘Order to Limit Plastics’ in 2007, Jilin and Jiangsu have gone further to implement a ‘No Plastics Order’ in 2015 and 2017 respectively. The latter order bans the production and sale of disposable plastic bags or tableware made using non-biodegradable materials. Local Jilin officials are also made accountable as their annual performance review will incorporate performance indicators related to the implementation of the order.