Nuclear energy: Where China is getting with small modular and fusion reactors

On Oct. 13 of this year, the PRC state media outlet CPNN, reported that China is pulling ahead in advanced nuclear power technology development with the launch of the large-scale production “Hualong One” (also known as HPR1000). As it develops, China not only aims to tackle the transmission bottleneck in the south, but also to export to countries like Pakistan as the PRC’s “business card” to the world.

China’s dual goals of localization and export orientation have long defined its nuclear strategy. Led by state-owned giants such as the China National Nuclear Corporation (CNNC), Beijing has invested heavily in domestic innovation while aggressively expanding into overseas markets. Beijing has sought to expand its reactor sales to markets such as Argentina and the United Kingdom, while also securing control over upstream uranium resources. CNNC’s 2019 acquisition of Namibia’s Rössing Uranium Mine, one of the world’s largest open-pit uranium operations, underscored China’s growing dominance across the nuclear value.

Beijing’s policy support for state-owned enterprises has enabled it to build a vertically integrated nuclear industry, driving rapid advances in small modular reactors (SMRs), fourth-generation technologies, and nuclear fusion research (the Artificial Sun). Furthermore, intensifying US–China competition is reshaping global nuclear exports and deepening the geopolitical risks of dependence on Chinese nuclear systems.

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