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yet built up a giant company, and the country will have one in the future, industry insiders told the website.
The gross profit margin for the US’ three giant garbage sorting companies are 30 to 40 percent a上海419论坛
nd each has healthy cash flow, while China’s sanitation industry only reaches 6 to 10 percent, Zhang said.
The sanitation industry in China is in an expansion phase with tight cash flows, a
上海419论坛女神会所nd the industry has plenty of room to develop in the Chinese market, she added.
Policy supporting are still needed to grow sanitation as an industry, startup heads and investors told 21jingji.com.
Garbage clearance and transportation needs qualification licenses, which are given by the government in China.上海419论坛女神会所
As garbage sorting promoting and the sanitation
industry become hotspots, licenses will become precious.
上海419论坛Furthermore, achieving large-scale development and standard
ized operation in the industry are questions for startups to explore, the website said.
In June an official with the Ministry of Housing and Urban-Rural Development, said the上海419论坛
country will invest 21.3 billion yuan in the construction of garbage processing facilities, and by 2025 all 300 Chi
上海419论坛女神会所nese cities at or above the prefecture level shall complete the building of garbage sorting and processing systems.
ditor’s note: The 2019 China Internet Conference kicked off in Beiji
ng on Tuesday. Representatives from government departments, internet ind上海419论坛
ustries, as well as experts and scholars at home and abroad gathered in the three-day event with 29 subforums to di上海419论坛女神会所
scuss hot topics such as 5G, IPv6, artificial intelligence and financial technology.
Here are some of the quotable quotes captured from the conference.