ABSTRACT

China started building a nuclear industry in the late 1950s, but its nuclear industry was exclusively for military purposes until the 1980s. The Guangdong Nuclear Power Investment Company was soon established, and with a Hong Kong-based power company formed a joint venture to build, own, and operate the Daya Bay project. The China National Nuclear Corporation (CNNC) has three and China Guangdong Nuclear Power Group (CGN) has one. In the burgeoning stage, the Chinese civilian nuclear industry followed two parallel paths, which later caused a great deal of political infightings and difficulties in standardization. By March 11, 2011, when the Fukushima Daiichi nuclear disaster happened, 28 nuclear reactors were under construction. In 2013, National Development and Reform Commission (NDRC) revised its pricing practice for nuclear power by setting a unified benchmark price for all new nuclear power plant. Since the beginning of China's nuclear power development, technology transfer and indigenization have always been important parts of the nuclear energy policy.