Abstract: The issues of resources crisis or resources security brought by continuous growth of the world economies urge the quest for a new idea of aggregate resources conservation and circulation economy. Based on ecological law, the paper points out that the economic development in China means to relieve the pressure of resources and to set up a basic model for sustainable development in economy in accordance with the circular model of resource-production/consumption-renewable resources. The authors also set the conception and basic characteristics of Recycling Economy and discuss the necessity and feasibility of developing Recycling Economy in resources. Besides, some relevant countermeasure and suggestions for how to develop Recycling Economy in the resources domain are also brought forward.