Waste Electrical and Electronic Fund Policy: Current Status and Evaluation of Implementation in China

Xiao-Shan Yang, Xiao-Xue Zheng, Tian-Yu Zhang, Ying Du and Fengru Long
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Xiao-Shan Yang: Newhuadu Business School, Minjiang University, No. 200 Xiyuangong Road, Shangjie Town, Minhou County, Fuzhou 350108, China
Xiao-Xue Zheng: Newhuadu Business School, Minjiang University, No. 200 Xiyuangong Road, Shangjie Town, Minhou County, Fuzhou 350108, China
Tian-Yu Zhang: The York Management School, University of York, Heslington, York YO10 5DD, UK
Ying Du: School of Business Administration, South China University of Technology, 381 Wushan Road, Tianhe District, Guangzhou 510641, China
Fengru Long: The College of Economics and Business Administration, Chongqing Jiaotong University, Xuefu Avenue No. 66, Nan’an District, Chongqing 400074, China

IJERPH, 2021, vol. 18, issue 24, 1-27

Abstract: With the accelerated iteration of global electronic and electrical product updates, the demand for electronic and electrical products presents a new trend in which the life cycle of electronic and electrical products is shortened. Waste electrical and electronic equipment (WEEE) products pose a great threat to the global ecological environment, and solving this problem is urgent. Therefore, governments around the world have formulated funding policies for WEEE products, which has led to continuous improvements in such policies. Along these lines, we adopt the circular economy concept, extended producer responsibility theory and life cycle assessment method to comparatively analyse and compare the different fund operation modes in China, Germany, Japan and The Netherlands. In addition, based on the data related to fund policy implementation, we point out the problems in the development of the WEEE industry in China. The analysis results show that although China is the largest WEEE market, it is still in the initial stage and lags behind Western countries in efficiency and cost management. Then, taking as an example ‘Go Green’, an O2O classified recycling platform launched in 2005, this paper performs an extended analysis of the “Internet +” recycling model, which was proposed as a WEEE fund operation solution in China. Finally, we discuss the economic impact of this study on the future implementation and valuation of WEEE fund policy.

Keywords: waste electrical and electronic equipment (WEEE); fund operation mode; life cycle assessment method; EPR; internet (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2021
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