China will likely resume assessments of construction of nuclear power plants in the first half of this year after being suspended following Japan's nuclear crisis last year, an industry source said.
Chinese nuclear power equipment suppliers have already received orders as some major nuclear power complexes in China have resumed construction, according to the source.
China plans to build at least 70 million kilowatts of nuclear power capacity by 2020 in a move to reduce emissions and conserve fossil fuel energy, a long-term industry plan reveals.
The value of the nation's nuclear power equipment market will be worth ¥400 billion annually by the end of 2015 and hit ¥1 trillion by 2020, experts argue.
Among the Chinese companies that have their nuclear power assets publicly traded are Shanghai Electric Group Co (SHA: 601727, HKG: 2727) and Dongfang Electric Corp (SHA: 600875).