Global Foldable OLED Screen Shipments Expected to Reach 124.6 Million Units by 2032

Caixin News AgencyOn January 6th, Li Jialu, Director of the Department of Circulation Industry Development at the Ministry of Commerce, stated on the 6th.State Council Information OfficeAt the press conference, it was stated that the next step will be...Ministry of CommerceWe will continue to implement the national directives on plastic pollution control, strengthen the reporting management of single-use plastic products, increase the promotion of green alternatives such as biodegradable products and bamboo-based products, deepen efforts to reduce plastic use in key sectors like catering, improve long-term governance mechanisms, and advance plastic pollution control in the business sector. This will contribute to promoting green consumption and building a beautiful China.

Li Jialu, Director of the Department of Circulation Industry Development of the Ministry of Commerce, on the 6thInformation Office of the State CouncilAt the press conference, it was stated that the next step is to actively support the construction of sorting centers that are green, intelligent, and professional. We encourage local governments to provide policy support for the construction and renovation of sorting centers, guiding more recycled resources to flow into the renovated sorting centers and driving the high-quality development of the recycling industry. At the same time, we will promote the clarification of recycling models in various regions, strengthen local responsibilities, effectively utilize financial funds, and further improve the recycling network for renewable resources, contributing to the promotion of resource recycling and the cultivation of green circular consumption.

Ministry of CommerceVice Minister Sheng Qiuping on the 6th inState Council Information OfficeAt a press conference, it was stated that from 2024 to 2025, a total of 17.673 million end-of-life vehicles will be recycled nationwide, with an average annual growth rate of 45.8%; 39.686 million used cars will be traded; and approximately 53 million old household appliances and mobile phones will be dismantled in a standardized manner, with an average annual growth rate of about 12%.

Recently, Malaysia seized containers of falsely declared electronic waste at the North Port of Klang, with the amount involved in electronic waste smuggling exceeding 4 billion ringgit by September 2025. The country has strengthened port inspections and revised customs regulations (such as requiring imported waste plastic to have a purity of 99.5%) to strictly control "foreign garbage." Police and customs have conducted 7,136 joint enforcement operations, with electronic waste seizures accounting for over 90%. The country generates 12 million tons of solid waste annually, with plastic pollution making up 30%. The government has expanded the ban on single-use plastic bags to protected areas and parks, and the "daily no plastic" measures in Penang have garnered public support. Environmental organizations warn that delayed controls may cause Malaysia to become a regional garbage dumping ground. The government plans to strengthen cooperation with ASEAN to study a comprehensive ban on single-use plastic bags and promote biodegradable materials.

East China polyester bottle chip prices closed at 6,035 yuan/ton, up by 55 yuan/ton. With raw materials rising again, costs have pushed up polyester bottle chip factory quotes by 30-80 yuan/ton, shifting the focus upward. January cargo offers are reported at 5,980-6,130 yuan/ton, with bids at 5,950 yuan/ton, resulting in a significant difference between offers and bids, leading to a strong wait-and-see attitude in the industry. The basis for the futures contract 2603 is at a discount of 30 to a premium of 30.