The China National Nuclear Corporation (CNNC) is a large State-owned enterprise under direct management by the central government. CNNC has established a complete nuclear technology industry framework. It is a main part of the national nuclear technology industry and a leading element of national strategic nuclear forces and nuclear energy development. It undertakes missions to ensure national security and facilitate domestic economic development.
The company is mainly engaged in the eight industrial fields of nuclear power, nuclear power generation, nuclear fuel, natural uranium, nuclear environmental protection, application of nuclear technologies, non-nuclear civilian products and new energy sources.
In addition, six supporting institutions have been established: a general technology institute, a general economics institute, a nuclear industry university, an atomic energy company, a financial company and a public information center.
Nuclear safety assurance
A good nuclear safety record has been maintained by the company. No nuclear safety incident above level 2 has occurred in the nearly 60 years since the creation of the Chinese nuclear industry. The safety level is internationally advanced.
A complete nuclear technology innovation framework
CNNC has established a complete and professional associated nuclear technology innovation framework that incorporates 23 well-founded nuclear technology research institutes as well as advanced facilities for experimental work. A complete scientific technology innovation management system has been established.
The technology innovation program “Dragon Rising 2020”, which includes eight demonstration projects for technical innovations and 12 significant technology improvement projects, has been implemented.
Nuclear safety is regarded as a lifeline for the company. Great efforts have been put into the development of clean energy. Maximization of economic, environmental and social benefits, in conjunction with shareholders, has been achieved. Strategic cooperation with local governments and enterprises has been intensified. The cooperation is partly aimed at poverty relief in targeted counties such as Shizhu County in Chongqing and Tongxin County in the Ningxia Hui autonomous region. CNNC is dedicated to social public welfare.
CNNC has been exploring some business opportunities of the whole industry chain in nuclear power markets along the Belt and Road areas, and, as China’s only exporter of nuclear power plants, has already sold seven power units and eight reactors to seven countries and is in talks with more than 40.
CNNC has signed contracts with many countries including with Argentina on heavy water reactor and pressurized water reactor nuclear station projects; with France on nuclear energy overall cooperation; with Britain on cooperation in nuclear energy research and innovation center construction; and with Sudan to push their nuclear energy cooperation to a new phase. It has also been deepening nuclear energy cooperation with Saudi Arabia, Egypt, Iran and Algeria.