|Adelyn Torralba |||Jun 19, 2015 02:00 AM EDT|
(Photo : Reuters) China's $20 billion deal to build a state of the art nuclear power plants in Pakistan and Romania was also the turning point of their bid to expand globally.
China's $20 billion deal to build a state of the art nuclear power plants in Pakistan and Romania was also the turning point of their bid to expand globally.
According to Premier Li Keqiang, it is high time for the Chinese manufacturers to explore and eventually expand their market outside China. He also mentioned the plans to market nuclear power plants on a larger scale other than the current market they have. The plan to expand also came with the process of improving its manufacturing details that is efficient enough to compete globally.
Like Us on Facebook
According to the Business Standard, the Premier said, "Safety is a must and should be ensured throughout the whole process, from design to operation. I hope you can adapt to the highest standards, offer the best quality with the most competitive prices." He also took pride on their locally designed third-generation reactor, something they have reportedly designed to be promoted globally.
Amidst questions about the legality of their deal in Pakistan, China continues to develop their designs, defending their project, saying they have abided the rules of the International Atomic Energy Agency despite not being able to get the approval of 48 NSGs.
The Diplomat report said that there is an ongoing deal of building at least six nuclear power deals in Pakistan, in which, two were already agreed upon - the Chasma 1 and the Chasma 2. In 2013, China also made news about building a nuclear power plant in Karachi. Pakistan's move to seek China's help in building these power plants aims to end their long drought of power shortages all over the country.
The NSG also confirmed that Pakistan has indeed requested to be an exemption on the NSG, so they can freely seek the help of suppliers in creating a more concrete source of power.
Wang Xiaotao of National Defense and Reform Commission said China "has assisted in building six nuclear reactors in Pakistan with a total installed capacity of 3.4 million kilowatts. Beijing was keen to provide further exports to countries, which would presumably include Pakistan."
©2015 Chinatopix All rights reserved. Do not reproduce without permission
China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article
China Pork Prices Expected to Stabilize As The Supplies Recover
Elephone P9000 Smartphone is now on Sale on Amazon India
There's a Big Chance Cliffhangers Won't Still Be Resolved When Grey's Anatomy Season 13 Returns
Supreme Court Ruled on Samsung vs Apple Dispute for Patent Infringement
Microsoft Surface Pro 5 Rumors and Release Date: What is the Latest?