CNNC Plans to Invest $50 Billion for Development of Third Generation Nuclear Power by 2020

BEIJING--July 11, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--China National Nuclear Corporation (CNNC) (Beijing) will invest $50 billion for the research, development and construction of third-generation nuclear power plants by 2020. Third-generation nuclear power technology uses the most advanced available nuclear technology, providing an opportunity for China to demonstrate its technical achievements in the nuclear industry.