On Wednesday, China established a new alliance aimed at promoting the development of its nuclear technology industry. This alliance brings together key stakeholders across the industrial chain, including leading nuclear energy corporations.
The initiative follows a recent three-year plan unveiled by China’s Atomic Energy Authority. The plan aims for the annual economic output of the nation’s nuclear technology application industry to reach 400 billion yuan, or approximately $56 billion, by 2026.
The alliance is expected to foster collaboration among industry players, driving innovation and technological advancements in nuclear applications. By uniting resources and expertise, China is positioning itself to become a global leader in nuclear technology, contributing significantly to its economic growth and energy security.
Reference(s):
cgtn.com
