Bank of China allocates 600 million Yuan for nuclear development

The Bank of China signed a strategic cooperation agreement with China Guangdong Nuclear Power Holding Ltd., allocating 600 million Yuan loan for the latter’s development in nuclear electricity facilities. The Chairman of the Bank of China, Li Lihui, states that nuclear electricity development has become an important strategic measure for PRC to develop its economic and environmental sustainability. China Guangdong Nuclear Power Holding Ltd. is a state enterprise with registered capital of 102 million Yuan, total property of 575 million Yuan and annual sales revenue of 100 million Yuan. The company has operations of 4000000 MW power output in Daya Bay Nuclear Plant as well as Lingao Nuclear Power Station Unit 1. It is also involved in new development projects in Guangdong and Fujian.

	Bank of China allocates 600 million Yuan for nuclear development By AMY CHEUNG Published: July 10, 2006 12:00 AM The Bank of China signed a strategic cooperation agreement with China Guangdong Nuclear Power Holding Ltd., allocating 600 million Yuan loan for the latter’s development in nuclear electricity facilities. The Chairman of the Bank of China, Li Lihui, states that nuclear electricity development has become an important strategic measure for PRC to develop its economic and environmental sustainability. China Guangdong Nuclear Power Holding Ltd. is a state enterprise with registered capital of 102 million Yuan, total property of 575 million Yuan and annual sales revenue of 100 million Yuan. The company has operations of 4000000 MW power output in Daya Bay Nuclear Plant as well as Lingao Nuclear Power Station Unit 1. It is also involved in new development projects in Guangdong and Fujian. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: IT , M2 , Taiwan , Huaxia Bank , import , Bank of China , nuclear , China Guangdong Nuclear Power H , electricity , EA , fujian	More Articles in Trade > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Software exports to grow 38% through 2011 Trade in services set to soar China-EU trade and the yuan parity rate First foreign house insurance in Chengdu Xiamen approved as China’s 7th FTZ Guangdong shoemaking industry at crossroads China to seek uranium in Niger

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