Article: China opens nuclear power industry to private, foreign investors

China opens nuclear power industry to private, foreign investors

BEIJING, May 31 (Xinhua) -- 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 State Commission of Science and Technology for National Defense Industry 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 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 ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!