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China welcomes signing of deals on UK nuclear project

Xinhua, September 30, 2016 Adjust font size:

China on Friday welcomed the signing of all final agreements for the Hinkley Point C (HPC) nuclear project, saying it is in the interests of all parties.

Foreign Ministry spokesman Geng Shuang made the comment at a daily press briefing.

China General Nuclear Power Corporation (CGN) announced Thursday that it has signed all final agreements for the HPC project, and a suite of agreements relating to the Sizewell C and Bradwell B projects, with French energy company EDF and the British government.

This means that all necessary government and commercial approvals have been completed for Hinkley Point C, and the project can now move forward after two months of delay.

The HPC project, the flagship project of what has been called the "golden era" of China-Britain relations, is located in Somerset. It is a joint project between CGN and EDF, and CGN will hold a 33.5-percent stake.

Geng said the HPC project is an important achievement by China, Britain and France in the spirit of mutual benefit and win-win cooperation.

China is willing to work with Britain and France to ensure smooth implementation of the HPC project and other nuclear energy cooperation projects agreed upon by the three parties, he said.

As the first new nuclear power project in Britain in more than 20 years, the HPC project represents a restart of the British nuclear power industry and paves the way for other new nuclear power projects in the country. Endi