Seven departments: Encourage various types of operating entities including supply and marketing cooperatives to connect with household appliance and furniture sales enterprises to carry out "exchange + recycling" business.

18:41 16/05/2025

The General Offices of the Ministry of Commerce and six other departments have issued a notice on further playing the role of supply and marketing cooperatives and other operating entities to accelerate the construction of the recycling system for waste electrical appliances, furniture, and other recycled resources.

The Ministry of Commerce and other 7 departments issued a notice on further leveraging the role of supply and marketing cooperative enterprises and other business entities to accelerate the construction of a recycling system for waste electrical appliances and furniture. The notice mentions that all regions should guide the development of various recycling enterprises with the "Internet +" recycling model, cultivate a group of new types of recycling enterprises for renewable resources. Encourage various business entities including supply and marketing cooperative enterprises to cooperate with household appliance and furniture sales companies to conduct "exchange + recycling" business, providing services such as dismantling and recycling of waste household appliances and furniture, as well as new product delivery and installation. Promote standardized cooperation between recycling companies and local government agencies, enterprises, and institutions to carry out waste recycling and resource utilization business, and promote the "public warehouse" entrusted operation service model. Support supply and marketing cooperatives in developing a digitalized comprehensive service platform for renewable resources, enriching functions such as information exchange and online transactions.

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100 billion is simply not enough to distribute! Investors are rushing to add to Anthropic, and the frenzy of oversubscription is pushing funding to 20 billion US dollars.

The Federal Reserve's Daly warns of vulnerability in the labor market, says it may be necessary to cut interest rates one to two more times this year.