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China aims to become world's top nuclear power producer by 2030
Chinese President Xi Jinping's government is poised to greatly expand the country's nuclear power generation, with plans to build six to eight new reactors a year over the next five years. Under its 13th five-year national development plan, which starts in 2016, China will invest 500 billion yuan ($78.7 billion) to introduce domestically developed reactors. The new five-year plan is to be formally adopted at next spring's annual session of the National People's Congress, China's parliament.
The government plans to make nuclear power a pillar of its economic policy and increase support for related government organizations and industries. Under previous five-year plans, Chinese authorities approved construction of three to five reactors a year.
According to the European Nuclear Society, China is now the world's fifth-largest nuclear power producer in terms of capacity, after the U.S., France, Japan and Russia. The Xi government aims to make China the world's top generator in terms of both capacity and number of reactors by 2030.
Under the next five-year plan, China's nuclear power capacity is to triple by 2020, compared with the end of 2014, reaching 58,000 megawatts and matching that of France. By 2030, China is expected to have more than 110 nuclear reactors in operation, exceeding the number in the U.S.
http://asia.nikkei.com/Politics-Economy/Policy-Politics/China-aims-to-become-world-s-top-nuclear-power-producer-by-2030
The government plans to make nuclear power a pillar of its economic policy and increase support for related government organizations and industries. Under previous five-year plans, Chinese authorities approved construction of three to five reactors a year.
According to the European Nuclear Society, China is now the world's fifth-largest nuclear power producer in terms of capacity, after the U.S., France, Japan and Russia. The Xi government aims to make China the world's top generator in terms of both capacity and number of reactors by 2030.
Under the next five-year plan, China's nuclear power capacity is to triple by 2020, compared with the end of 2014, reaching 58,000 megawatts and matching that of France. By 2030, China is expected to have more than 110 nuclear reactors in operation, exceeding the number in the U.S.
http://asia.nikkei.com/Politics-Economy/Policy-Politics/China-aims-to-become-world-s-top-nuclear-power-producer-by-2030
6 replies
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China's high-speed-rail programme a case of too far, too fast
No other country has built an express network, and the trains to run on it, so fast, and the system still has far to go to prove it as safe as any other
PUBLISHED : Sunday, 25 August, 2013
No other country has built an express network, and the trains to run on it, so fast, and the system still has far to go to prove it as safe as any other
PUBLISHED : Sunday, 25 August, 2013
http://www.scmp.com/lifestyle/technology/article/1299188/chinas-high-speed-rail-programme-case-too-far-too-fast
Chinese anger over alleged cover-up of high-speed rail crash
Authorities accused of muzzling media coverage after crash in Zhejiang province kills at least 38 people and injures 192
Chinese authorities face growing public fury over the high-speed train crash that killed at least 38 people and injured 192, with the disposal of wreckage and attempts to control coverage of the incident prompting allegations of a cover-up....
http://www.theguardian.com/world/2011/jul/25/chinese-rail-crash-cover-up-claims
Authorities accused of muzzling media coverage after crash in Zhejiang province kills at least 38 people and injures 192
Chinese authorities face growing public fury over the high-speed train crash that killed at least 38 people and injured 192, with the disposal of wreckage and attempts to control coverage of the incident prompting allegations of a cover-up....
And if that seemed like fury, just wait until a nuclear meltdown takes out a city or two. What then will happen to all of that investment?
Chemical Industry Corruption, Safety Violations Preceded Deadly Chinese Explosion
Wed, 08/19/2015 - 4:21pm
Andy Szal, Digital Reporter
Residents demanding compensation for damages to their homes after an explosion at the Tianjin port protest outside a hotel where media press conferences are held in northeastern China's Tianjin municipality Wednesday, Aug. 19, 2015. The blasts originated at a warehouse for hazardous material, where 700 tons of sodium cyanide — a toxic chemical that can form combustible substances on contact with water — was being stored in amounts that violated safety rules. (AP Photo/Paul Traynor)
Massive explosions in one of China's largest cities could be the result of significant political corruption and safety loopholes in the country's chemical industry.
Wed, 08/19/2015 - 4:21pm
Andy Szal, Digital Reporter
Residents demanding compensation for damages to their homes after an explosion at the Tianjin port protest outside a hotel where media press conferences are held in northeastern China's Tianjin municipality Wednesday, Aug. 19, 2015. The blasts originated at a warehouse for hazardous material, where 700 tons of sodium cyanide — a toxic chemical that can form combustible substances on contact with water — was being stored in amounts that violated safety rules. (AP Photo/Paul Traynor)
Massive explosions in one of China's largest cities could be the result of significant political corruption and safety loopholes in the country's chemical industry.
http://www.chem.info/news/2015/08/chemical-industry-corruption-safety-violations-preceded-deadly-chinese-explosion
China Tackling Corruption, Safety Concerns in Coal Production
...Recognizing that rampant collusion between local officials and private mine owners is the main reason for poor safety conditions in China's coal mines, the central government has stepped-up efforts to root out this corruption....
...Recognizing that rampant collusion between local officials and private mine owners is the main reason for poor safety conditions in China's coal mines, the central government has stepped-up efforts to root out this corruption....
http://www.worldwatch.org/china-tackling-corruption-safety-concerns-coal-production
In China, 'everyone is guilty of corruption'
By Lijia Zhang, Special for CNN
Wed October 23, 2013
...Much as I appreciate our president's determination, his battle feels like an attempt to "put out a big fire with a glass of water," given how corruption has reached every corner of our society....
By Lijia Zhang, Special for CNN
Wed October 23, 2013
...Much as I appreciate our president's determination, his battle feels like an attempt to "put out a big fire with a glass of water," given how corruption has reached every corner of our society....
http://www.cnn.com/2013/10/23/opinion/china-corrution-lijia-zhang/
China’s Corruption Ridden Nuclear Giant Readies for IPO
By Fan Yu, Epoch Times | May 17, 2015
...CNNPC officials were recently implicated in several corruption cases. China’s Central Discipline Inspection Commission’s weekly bulletin released May 10 showed that 12 corruption cases were reported at CNNPC.
Four executives at a finance subsidiary of CNNPC allegedly set up slush funds to finance personal expenditures such as overseas travel, consumer cards, and other benefits. The four executives were downgraded to low-level positions at the company.
As CNNPC transitions from a state-owned company to a publicly listed company subject to more transparency and regulatory oversight, such corruption cases could become a drag on the company’s financial performance.
Another potential issue lies with CNNPC’s parent company CNNC, which will still retain 70 percent ownership post-IPO. CNNC, according to its website, “is the main body of the national nuclear technology industry, the core of the national strategic nuclear deterrence and the main force of the national nuclear power development and nuclear power construction.”
In other words, CNNC retains military research and production mandates, and its relationship with CNNPC means that its nuclear generation capabilities could have dual-application in military and civilian usage. This could violate the international nuclear Non-Proliferation Treaty, which China signed and ratified.
For potential investors, perhaps more worrisome than corruption are risks inherent within China’s nuclear industry....
By Fan Yu, Epoch Times | May 17, 2015
...CNNPC officials were recently implicated in several corruption cases. China’s Central Discipline Inspection Commission’s weekly bulletin released May 10 showed that 12 corruption cases were reported at CNNPC.
Four executives at a finance subsidiary of CNNPC allegedly set up slush funds to finance personal expenditures such as overseas travel, consumer cards, and other benefits. The four executives were downgraded to low-level positions at the company.
As CNNPC transitions from a state-owned company to a publicly listed company subject to more transparency and regulatory oversight, such corruption cases could become a drag on the company’s financial performance.
Another potential issue lies with CNNPC’s parent company CNNC, which will still retain 70 percent ownership post-IPO. CNNC, according to its website, “is the main body of the national nuclear technology industry, the core of the national strategic nuclear deterrence and the main force of the national nuclear power development and nuclear power construction.”
In other words, CNNC retains military research and production mandates, and its relationship with CNNPC means that its nuclear generation capabilities could have dual-application in military and civilian usage. This could violate the international nuclear Non-Proliferation Treaty, which China signed and ratified.
For potential investors, perhaps more worrisome than corruption are risks inherent within China’s nuclear industry....
http://www.theepochtimes.com/n3/1359866-china-national-nuclear-readies-for-ipo/
If you aren't concerned yet, I can easily document a great number of other specific cases implicating safety problems in their nuclear effort.
Not to mention the toxic waste that comes from churning out the world's solar panels? 
Seriously, the concept of "externality" appears to be even more foreign to the Chinese power hierarchy than to the American corporo-Republican one.
