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China drafting laws to promote marketing of nuclear reactors overseas

Euro News 22nd Sept 2018 , China will provide more support for its nuclear firms to go overseas and strengthen their position on the international market, according to new
draft legislation submitted to the industry for consultation on Friday.
“The state will encourage and support the positive and orderly
participation of its enterprises in the international market” and promote
the export of nuclear equipment, fuel and services, the draft Atomic Energy
Law says.

China aims to bring its total installed nuclear capacity to 58
gigawatts (GW) by the end of 2020, up from 37 GW at the end of June this
year, but it also has ambitions to dominate the global market and has
created a unified third-generation reactor brand known as the “Hualong One”
to sell overseas. China has already signed a series of preliminary
agreements with countries like Brazil, Argentina, Uganda and Cambodia and
it is also undergoing a technical approval process for the Hualong One in
Britain.
https://www.euronews.com/2018/09/22/china-drafts-new-nuclear-energy-law-focus-on-international-market

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September 26, 2018 - Posted by | China, marketing

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