Storyline: Scrapped vehicle recycling drives China's circular economy [Voice_over] In China, recycling scrapped vehicles is driving the country’s circular economy. At a vehicle recycling plant in northwest China's Xinjiang Uygur Autonomous Region, old auto parts are turned into reusable engines, with roughly 2.8 million U.S. dollars-worth exported last year. The waste steel from the disassembled autos is then sent to a steelwork factory where it’s transformed into metallurgical raw materials. The factory chairman said that after getting a technological upgrade, the plant’s recycling rate has increased from 65 percent to 95. [Sound_bite] Yin Zhenyu, chairman, Ruiyu Tianhua Renewable Resources Recycling and Utilization Co., Ltd.: "Compared with last year, our company's recycling business has grown by over 60 percent. Refined dismantling accounts for more than 80 percent of our total disassembly quantity, and the re-manufacturing output has exceeded 7,000 units." [Voice_over] Besides recycling a vehicle’s steel, companies in China are also working to recycle vehicle batteries. Firm like Shenzhen-based GEM, a publicly listed company whose recycling system includes ultra-precise lithium extraction that can remove more than 90 percent of the metal from a battery. [Restrictions: No access Chinese mainland]