Principles of Circular Economy in Romania, Europe and China

Sustainable development is an approach taken in many companies globally. In this sense, the circular economy is being implemented in many countries. In Romania, a number of companies apply the principles of circular economy in their activities. At European level, there are a number of practices that contribute to the region's competitiveness. China, one of the largest developing countries, is experiencing rapid economic growth associated with high consumption of natural resources. In this context, the paper presents the principles and implications of the circular economy and the way in which Romania, Europe and China respond to these practices. This study is based on a qualitative research based on the literature review and a semi-quantitative research by applying a questionnaire to Romanian participants. Finally, a framework for implementing the principles of circular economy within companies is presented.