Workers install a reactor pressure vessel at China National Nuclear Corporation’s Fuqing nuclear power plant in southeast China’s Fujian province, on January 28, 2018. Photo: Xinhua
Workers install a reactor pressure vessel at China National Nuclear Corporation’s Fuqing nuclear power plant in southeast China’s Fujian province, on January 28, 2018. Photo: Xinhua
Business /  China Business

Nuclear shares soar after China plans to invest US$12 billion in new reactors for first time since 2016

  • The plan will end a three-year hiatus in China’s nuclear reactor construction and boost the country’s nuclear export ambitions
  • China did not approve any new reactor from 2016 to 2018, partly due to the slow progress in the use of advanced and safer third-generation reactors

Laura He
Laura He

Updated: 10:52pm, 19 Mar, 2019

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Workers install a reactor pressure vessel at China National Nuclear Corporation’s Fuqing nuclear power plant in southeast China’s Fujian province, on January 28, 2018. Photo: Xinhua
Workers install a reactor pressure vessel at China National Nuclear Corporation’s Fuqing nuclear power plant in southeast China’s Fujian province, on January 28, 2018. Photo: Xinhua
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