Skip to main content

China could build 30 ‘Belt and Road’ nuclear reactors by 2030, says official


By: Reuters

Published: June 20, 2019 1:44:20 PM

But the pace of construction at home has slowed down amid technological problems and delays at some key projects, as well as a suspension of new approvals that lasted over three years.

China needed to improve research and development (PTI File photo)

China could build as many as 30 overseas nuclear reactors through its involvement in the “Belt and Road” initiative over the next decade, a senior industry official told a meeting of China’s political advisory body this week. Wang Shoujun, a standing committee member of the China People’s Political Consultative Conference (CPPCC), told delegates on Wednesday that China needed to take full advantage of the opportunities provided by “Belt and Road” and give more financial and policy support to its nuclear sector.

“‘Going out’ with nuclear power has already become a state strategy, and nuclear exports will help optimise our export trade and free up domestic high-end manufacturing capacity,” he was quoted as saying in a report on the CPPCC’s official website.

He said China needed to improve research and development, localise the production of key nuclear components, and grow both the domestic and foreign nuclear markets to give full play to the country’s “comprehensive advantages” in costs and technology.

Wang, also the former chairman of the state-owned China National Nuclear Corp. (CNNC), said “Belt and Road” nuclear projects could earn Chinese firms as much as 1 trillion yuan ($145.52 billion) by 2030, according to more details of his speech published by BJX.com.cn, a Chinese power industry news portal.

He said 41 “Belt and Road” nations already had nuclear power programmes or were planning to develop them, and China only needed to secure a 20% market share to create five million new jobs in the sector, according to the news portal.

CPPCC did not immediately respond to a request for comment.

China is in the middle of a reactor-building programme it hoped would serve as a shop window to promote its homegrown designs and technologies overseas, especially its own third-generation reactor design known as Hualong One.

But the pace of construction at home has slowed down amid technological problems and delays at some key projects, as well as a suspension of new approvals that lasted over three years.

Wang, according to BJX.com.cn, said there was currently overcapacity among local nuclear manufacturers, but the domestic market value for nuclear equipment could reach more than 48 billion yuan a year within two years. He didn’t say how much it was worth currently.

https://www.financialexpress.com/defence/china-could-build-30-belt-and-road-nuclear-reactors-by-2030-says-official/1613360/

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

Historical relationship between Kurd and Baloch.

      The Kurds are the ethnical group living in a region known as Kurdistan which is divided into Iraq, Syria, Turkey and Iran. They  are struggling for an independent region since decades and they are famous for their female guerrilla fighters.         On 25 September 2017, the referendum for an independent Kurdish region  was held in Iraq with a turn out of 72 %.    On this important occasion, the historical relation between Kurd and Baloch people is worth discussing.        When it comes to history, every nation tends to find its roots and origin. Same goes with the Baloch people. The Baloch people are always curious  about  finding their roots in history. Even if you  talk to a shepherd in Balochistan, he will be curious to talk about his  tribal or ethnical roots.       The Balochs have always conveyed the history to the next generations in different mediums like poems etc. No Baloch before 20th century had written books on  history  or origin of the Baloch nation .