Core Viewpoint - The green low-carbon circular economy is a crucial direction for developing new productive forces and is an urgent requirement for China to achieve its "dual carbon" strategic goals. In Laohokou, Hubei Province, the circular economy has become a key industry, with the industrial output value of a circular economy industrial park accounting for nearly half of the total industrial output of the city last year [1]. Group 1: Circular Economy Development - The circular economy industrial park in Laohokou has established a robust industrial chain, including six major circular economy industries such as recycled lead and aluminum, contributing significantly to local economic growth [17][28]. - The park has transformed from a small fishing village to a significant industrial hub, with industrial output exceeding 20 billion yuan, providing over 1,000 jobs and significantly increasing local incomes [30][40]. Group 2: Lead-Acid Battery Recycling - A lead-acid battery recycling company in Laohokou achieves a recycling rate of 98.5%, processing batteries that typically have a lifespan of 3 to 5 years [4][16]. - The recycling process involves five steps, resulting in pure lead, lead alloys, plastics, and sulfuric acid, with a production cycle of less than two days for a battery [6][8]. - The demand for recycled lead-acid batteries is high, with the company operating at full capacity and achieving an average monthly output value of 200 million yuan, reflecting an 8% year-on-year growth [16]. Group 3: Aluminum Recycling - The largest waste aluminum recycling factory in Central China has an annual production capacity of 200,000 tons, utilizing waste resources from various sectors to produce high-quality aluminum alloy products [18][20]. - The company employs an integrated operation method to minimize waste and reduce solid waste emissions, achieving a daily output of 700 tons of aluminum ingots and aluminum water [22]. - The aluminum products are further processed into components for electric vehicles, creating a closed-loop industrial chain within a 5-kilometer radius [24]. Group 4: Economic Impact and Future Goals - The circular economy industry in Laohokou has become a core engine for local economic growth, with a total industrial output value of 11.09 billion yuan in the first half of the year, a 24.4% increase year-on-year [38]. - The local government aims to achieve a GDP of over 50 billion yuan and enter the top 50 county economies in central China, with confidence in meeting these targets based on current progress [40].