China approves new nuclear reactors in industry revival

China approves new nuclear reactors in industry revival - AP The Cabinet's planning agency approved construction of two additional reactors at a power plant in the northeastern province of Liaoning, a unit of state-owned China General Nuclear Power Corp. said in an announcement released Tuesday through the Hong Kong stock exchange. China is the world's biggest energy consumer and nuclear power plays a key role in government plans to curb surging demand for imported oil and gas. Foreign suppliers of nuclear power equipment are looking to China as a major future market, though Beijing wants to produce as much of its own technology as possible.http://www.usnews.com/news/business/articles/2015/03/11/china-approves-new-nuclear-reactors-in-industry-revival?utm_source=The+Sinocism+China+Newsletter&utm_campaign=f32344a024-Sinocism03_12_15&utm_medium=email&utm_term=0_171f237867-f32344a024-29615013&mc_cid=f32344a024&mc_eid=5935182a65