China National Nuclear Power Co Ltd started the construction of the Zhangzhou nuclear project in southeastern China's Fujian province on October 16, the company said in a filing to the Shanghai Stock Exchange.
The project, which will use China's homegrown third-generation nuclear reactor technology known as the ''Hualong One'', was the first new conventional nuclear project to be approved by China in three years.
China is focusing on development of nuclear energy nationwide in recent years to gradually wean off heavy reliance on fossil fuel. The country hopes to raise the contribution of non-fossil energy to the nation's energy mix above 50% by 2050.
Besides, China and Russia are developing deep cooperation in the field of nuclear power and have expansive room for further growth. Russia has rich experience in the production and construction of advanced nuclear power units, sources said.
(Writing by Tian Zhang Editing by Tammy Yang)
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