DATE=12/29/97
TYPE=CORRESPONDENT REPORT
NUMBER=2-224578
TITLE=CHINA / RUSSIA / L-O
BYLINE=STEPHANIE HO
DATELINE=BEIJING
CONTENT=
VOICED AT:
INTRO: CHINA AND RUSSIA HAVE SIGNED A DEAL TO BUILD A
THREE-BILLION-DOLLAR NUCLEAR POWER PLANT IN THE EASTERN CHINESE
PROVINCE, JIANGSU. V-O-A'S STEPHANIE HO REPORTS RUSSIA WOULD
SUPPLY TWO NUCLEAR REACTORS TO THE PLANT, WHICH IS REPORTED TO BE
THE LARGEST PROJECT BETWEEN THE TWO COUNTRIES IN RECENT YEARS.
TEXT: CHINESE PREMIER LI PENG AND VICE-PREMIER LI LANQING
ATTENDED THE SIGNING CEREMONY IN BEIJING MONDAY, WITH VISITING
RUSSIAN FIRST DEPUTY PRIME MINISTER BORIS NEMTSOV.
THE AGREEMENT CALLS FOR JOINT CONSTRUCTION OF A NUCLEAR POWER
PLANT IN THE EASTERN CHINESE PORT CITY, LIANYUNGANG.
CHINA'S OFFICIAL XINHUA NEWS AGENCY SAYS, UNDER THE CONTRACT, THE
CONCRETE POURING FOR THE PROJECT WILL BEGIN IN JUNE, 1999. THE
REACTORS ARE SCHEDULED TO BE PUT INTO OPERATION BY 2005.
XINHUA SAYS THE POWER PLANT WILL HAVE A COMBINED GENERATING
CAPACITY OF TWO THOUSAND MEGAWATTS.
A RUSSIAN EMBASSY SPOKESMAN SAYS THE FIRST STAGE WILL COST MORE
THAN TWO BILLION DOLLARS. THE ENTIRE PROJECT WILL BE MORE THAN
THREE BILLION DOLLARS.
CHINA ALREADY HAS TWO OPERATING NUCLEAR POWER PLANTS -- ONE IN
DAYA BAY, NEAR HONG KONG, AND THE OTHER IN QINSHAN IN THE EASTERN
PROVINCE, ZHEJIANG.
OFFICIAL MEDIA HAVE REPORTED CHINA PLANS TO BUILD FOUR NUCLEAR
POWER PLANTS IN THE COASTAL REGIONS, WHICH NEED THE ENERGY BUT
HAVE FEW NATURAL RESOURCES. STATE-RUN MEDIA SAY CHINA WILL
CHOOSE MORE NUCLEAR POWER SUPPLIERS AFTER THE YEAR 2000.
CANADA AND FRANCE HAVE DEALS TO PROVIDE FINANCING AND TECHNOLOGY
FOR CHINA'S FLEDGLING NUCLEAR INDUSTRY, WHICH ACCOUNTS FOR ONE
PERCENT OF THE THE COUNTRY'S ENERGY GENERATION.
U-S NUCLEAR POWER SUPPLIERS ARE ALSO EAGER TO SELL NUCLEAR
REACTORS TO CHINA. PRESIDENT CLINTON AUTHORIZED SUCH SALES AT A
RECENT SUMMIT MEETING WITH CHINESE PRESIDENT JIANG ZEMIN IN
WASHINGTON. (SIGNED)
NEB / HO / WD / WD
29-Dec-97 7:01 AM EST (1201 UTC)
NNNN
Source: Voice of America
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