Domestic and foreign companies will be allowed to invest in
China's nuclear power generating projects but cannot hold a
controlling stake, a senior official with the Commission of
Science, Technology and Industry for National Defense said on
Wednesday.
China is keen to boost development of the nuclear power
industry.
Wang Yiren, head of the commission's No.2 system engineering
department, said China is also considering opening the nuclear fuel
sector to foreign investors.
The country's draft nuclear energy law is being revised, Wang
added.
According to China's longer-term development plan for the
nuclear power industry, nuclear power capacity will increase to 40
million kw by 2020, with construction work beginning on at least
three nuclear power generating units in each of the coming 10
years.
Currently, there are 10 commercial nuclear power generating
units operational in China, including the No.1 unit at Tianwan
nuclear power station in east China's Jiangsu Province, which began
operations on May 17. Their combined installed capacity stands at
eight million kw.
The other nine units included Qinshan, Dayawan, and the No. 2
and 3 phases of Qinshan and Ling'ao. Four units are being built as
the second phase of the Ling'ao project in south China's Guangdong
Province and the second phase of the Qinshan project in eastern
China's Zhejiang Province.
According to Wang Yiren, China's nuclear industry generated 54.8
billion kw/h of electricity last year, less than 2 percent of the
nation's total.
The government wants the nuclear industry to contribute 4
percent of the nation's energy by 2020.
Wang said the Chinese government has strict controls on uranium
ore prospecting and mining but allows foreign experts to assist
Chinese geological authorities in their prospecting efforts.
Wang noted uranium mainly distributes in two huge
inter-continental metallogenic zones, which both traverse the
Chinese mainland. This is encouraging for China's chances of
finding uranium.
China now has 300-plus research institutions and production
firms devoted to nuclear technology, employing approximately 50,000
people.
(Xinhua News Agency May 31, 2007)