China / Firms Agree On Framework For Cooperation

By David Dalton
15 January 2020

Firms Agree On Framework For Cooperation
China Energy Engineering Corporation (CEEC) and China National Nuclear Corporation (CNNC) have entered into a cooperation agreement, which CEEC said would significantly improve its ability to develop and explore new markets.

The agreement includes the planning of nuclear power projects in China, nuclear plants design, cooperation in overseas markets and research, development and manufacturing of nuclear equipment.

CNNC controls most of China’s nuclear business including R&D, engineering design, uranium exploration and mining, enrichment, fuel fabrication, reprocessing and waste disposal, and is the major investor in China’s nuclear plants.

CEEC is a subsidiary of state-owned engineering conglomerate China Energy Engineering Group (Energy China).

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