BEIJING — China has approved plans for building 10 nuclear reactors for 200 billion yuan ($27.7 billion), putting the country on track to push its nuclear power generation capacity past the U.S. to become the world’s largest by 2030.
The plan to build the reactors was approved at a State Council executive meeting last month. Eight will be third-generation Hualong One reactors, which China’s state-owned China National Nuclear Corp. and China General Nuclear Power Group claim to have independently developed based on U.S. and French pressurized water reactors (PWR).
