PRESS RELEASE

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China To Build 30 Nuclear Plants Along the Silk Road

March 3, 2016 (EIRNS)—China has set a target of building about 30 nuclear power units in countries along the Belt and Road Initiative routes by 2030, according to Sun Qin, president of China National Nuclear Corp, as reported today in China Daily.

Sun said 70 countries in total are already planning or developing their own nuclear power projects, and it is estimated that 130 more nuclear power units will have been built by 2020.

"But we also face very strong competition in the international nuclear market," he said.

"Countries like Russia, South Korea, Japan and the United States are all exploring the global nuclear market aggressively."

CNNC is one of China’s three nuclear giants. It hopes to leverage its domestic experience to boost its nuclear technology exports, said China Daily. It already has bilateral agreements on nuclear energy cooperation with countries including Argentina, Brazil, Egypt, Britain, France, and Jordan, Sun said.

CNNC has already exported six nuclear reactors—five miniature neutron source reactors, two nuclear research facilities, and one experimental reactor.