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China's total nuclear capacity likely to reach 120-150 GW by 2030: Official

The prediction was made by Yu Jianfeng during an event at the China International Import Expo in Shanghai

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Reuters Shanghai
China's total nuclear capacity is expected to reach 120-150 gigawatts (GW) in total by 2030, a senior industry official said on Thursday, more than triple the current rate but still lower than previous forecasts after a slowdown in new approvals.

The prediction was made by Yu Jianfeng, chairman of the government-run China National Nuclear Corporation (CNNC), during an event at the China International Import Expo in Shanghai.

Yu said CNNC was still planning to spend $12 billion on overseas procurement over the next five years and he urged global partners to participate in the future development of China's nuclear industry.

"China is expected