China plans to set up a national strategic reserve of natural
uranium as part of a five-year plan for its nuclear industry,
according to a document released by the Commission of Science
Technology and Industry for National Defense.
The document, entitled the 11th Five-Year Plan for the Nuclear
Industry, says China will encourage careful exploitation of
domestic uranium deposits and improve its domestic production
capacity.
China also hopes to increase international cooperation on
uranium exploitation and import more uranium from the international
market to enrich its stockpile, it says.
The reserve will be linked up with a commercial stockpile system
to ensure an adequate uranium supply for electricity generation, it
says.
China began developing its nuclear power industry in the late
1980s to help ease an energy bottleneck.
China's State Council has adopted a strategy to ensure the
nation's total installed capacity of nuclear power reaches 40
million kilowatts by 2020, accounting for four percent of the
country's total electric power.
In 2006, China's installed capacity of nuclear power reached
6.85 million kilowatts, accounting for only 1.1 percent of the
country's total installed power capacity.
(Xinhua News Agency April 18, 2007)