China on Wednesday took a significant step towards advancing its nuclear technology industry by establishing a new alliance. This coalition brings together key stakeholders within the industrial chain and major nuclear energy corporations, fostering collaboration and innovation in the sector.
The formation of this alliance aligns with the recent initiatives by China's Atomic Energy Authority, which unveiled a comprehensive three-year plan targeting an annual economic output of 400 billion yuan (approximately $56 billion) from the nuclear technology application industry by 2026. This ambitious goal underscores China's commitment to expanding its nuclear capabilities and leveraging them for economic growth and energy sustainability.
By uniting various players across the nuclear technology landscape, the alliance aims to streamline efforts, enhance research and development, and accelerate the commercialization of nuclear innovations. This collaborative approach is expected to position the Chinese mainland as a leading force in the global nuclear technology market, driving both technological advancements and economic benefits.
Reference(s):
cgtn.com
