Date
27 July 2017
China will build the nation's first domestically designed nuclear reactor in Fujian as part of efforts to ramp up infrastructure spending and shore up the economy. Photo: Bloomberg
China will build the nation's first domestically designed nuclear reactor in Fujian as part of efforts to ramp up infrastructure spending and shore up the economy. Photo: Bloomberg

China approves first domestically designed nuclear reactor

China’s cabinet has approved construction of the nation’s first domestically designed nuclear reactor, in the latest sign that authorities are ramping up nuclear build-out after halting projects earlier in the wake of the 2011 Fukushima disaster in Japan, the Wall Street Journal reported.

The State Council, at a weekly meeting, gave the go-ahead for construction of the first demonstration unit of the Hualong-1 nuclear reactor, the report said, citing an official statement.

The reactor, which has been jointly developed by state-backed nuclear companies, is expected to be built at a nuclear project in the southern province of Fujian.

It is not clear when construction will start or when the reactor would be put into service, but the State Council was quoted as saying that it was seeking “an adjustment of the energy sector to promote steady growth”.

Promoting infrastructure development, such as power plants, roads and railways, has been a favored tool of the Chinese government as economic growth slows.

China announced Wednesday that its economic growth slowed to 7 percent in the first quarter of 2015 from 7.3 percent in the preceding three months. It marked the weakest growth pace in six years.

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