Focus topics


Xi and Putin seal Construction of four new Nuclear Reactors

The heads of state Xi Jinping and Vladimir Putin have sealed the construction of four nuclear reactors in Chinese-Russian cooperation. The two leaders attended the ceremony via video, Chinese media reported Wednesday. According to the statement, the Tianwen power plant complex in Jiangsu province and Xudapu in Liaoning will each receive two new units using Russian technology. The project is part of a $3.1 billion contract signed three years ago. China is counting on a rapid expansion of nuclear power in order to come close to its climate targets despite a growing hunger for energy. Although the country has developed its own reactor technology, it is also ordering new plants from international suppliers. fin

Continue reading now

Get 30 days of free access to the Decision Brief to read these and more quality news every day.

Are you already a guest at the China.Table? Log in now

Related

    Chinese Chamber of Commerce sees poor sentiment
    Tax incentive for real estate purchase
    China’s first mRNA vaccine receives approval – in Indonesia
    USA invests in Pacific island states