China approves $31 billion investment in 11 new nuclear reactors

China’s State Council has approved the construction of 11 nuclear reactors across five provinces: Jiangsu, Shandong, Guangdong, Zhejiang, and Guangxi. The projects, with a total investment of 220 billion yuan ($31 billion), are expected to be completed in approximately five years. The China National Nuclear Corporation (CNNC) will build the world’s first high-temperature gas-cooled reactor combined with a pressurized water reactor (PWR). In Jiangsu province, CNNC plans to construct two Hualong One PWRs and a…