The cycling economy as a kind of ecological economy turned the traditional economy of “resources—products—wastes” into “resources—products—recycling resources”, which can decrease consumption of resources and has minimum environmental impact to maximize the economic and social benefits. Anhui province, as of a big population, is also a big province to consume resources, but its economy stays behind the six provinces in central China. This paper expands the significance to develop cycling economy and attempts to establish a new system to develop cycling economy. 

Huaibei city, as one of five coal bases in China and as a vital base to supply basic energy and important raw materials in Anhui province, contributes a lot for economic-social development. Huaibei city was entirely established on coal, where coal-power industry has been playing a fundamental role in its economic structure for a long time. As coal resource is depleted, lots of coal mines are facing being closed, which impacts the sustainable development. This paper, aiming at the industrial transformation, presents some approaches to the urban industrial transformation in Huaibei city.