Abstract: Connotation of circular economy was discussed. It is considered that circular economy is a new mode of economic development according with sustainable development principle, which is a kernel to utilize and recycle resources efficiently, a principle to reduce, reuse, and recycle them, and with the characteristics of lower investing, lower consuming, lower wastes, and higher efficiency. Also it is a ultimate reform of traditional increasing mode which is characteristic of large production, large consumption and large waste, being an economic configuration of thrift resources and friendly environment. As an advanced economic model circular economy pursues high economic benefit, less resources consumption, minimizing environmental pollution, and increasing employment. Furthermore, the plan for circular economic development and indicator system was presented. Then, through a case study, an overall planning for circular economic development was made in next five years in Jilin Province.