Overview

• China's State Council approved 10 new nuclear reactors on Sunday, marking the fourth consecutive year of double-digit approvals.
• The new reactors, with a combined investment of over 200 billion yuan, will be built across five coastal provinces: Zhejiang, Guangdong, Guangxi, Shandong, and Fujian.
• Eight of the reactors will utilize China's domestically developed third-generation Hualong One technology, designed for high output and rigorous safety standards.
• China currently has 30 nuclear reactors under construction, nearly half of the global total, as it aims to reach 65 GW of nuclear capacity by 2025 and 200 GW by 2040.
• The expansion aligns with China's pledge to achieve carbon neutrality by 2060, leveraging nuclear power to reduce coal reliance and meet growing energy demands.