Circular economy is a sustainable economic model that emerged in the context of limited resources and increasingly prominent environmental problems. The traditional economic model leads to the rapid consumption of resources and the production of a large amount of waste, and the application of the circular economy model is particularly important in this context. In this paper, we systematically review the research results on the theoretical basis, implementation strategy and effect evaluation of circular economy models; through case studies, we study in-depth the implemented circular economy models, including their design, implementation process and effect evaluation, in order to gain practical experience and inspiration; and finally, we put forward the challenges and perspectives of circular economy models.

Cong Zhang. Promotion and application of circular economy models. Academic Journal of Business & Management (2023) Vol. 5, Issue 27: 155-164. https://doi.org/10.25236/AJBM.2023.052725.

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