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CGN chairman attends China-France Entrepreneur Council meeting


He Yu, chairman of China General Nuclear Power Corporation (CGN), attended the first meeting of the China-France Entrepreneur Council in Paris, capital of France, on March 25, along with more than 100 business representatives from both countries.

The council members were divided into five groups for discussions related to finance, green industries and the smart manufacturing industry, China-France cooperation and third-party markets, the consumption and service industry, and low-carbon energy, before delivering keynote speeches.

Chinese President Xi Jinping published an article titled “Move Together Toward Common Development” in the French newspaper Le Figaro on March 23, stressing that China and France are special friends and win-win partners. CGN has much to share about this, said He in his speech.

The company has been a major driving force behind China-France nuclear power cooperation over the past 30 years, which started with the Daya Bay Nuclear Power Plant (NPP) built under its collaboration with Electricité de France (EDF) and Famatome.

Additionally, Unit 1 of the Taishan NPP, jointly built by China and France, became the world's first European Pressurized Reactor (EPR) to be put into commercial operation in late 2018. Construction on the Hinkley Point C project, an iconic trilateral project between China, France, and Britain, has advanced steadily.

The HPR1000, China's third-generation nuclear power technology, has progressed into the third stage of Generic Design Assessment (GDA), which is expected to be completed by 2021. CGN has also recently cooperated with Bank of China and Famatome to establish a China-France Friendship Foundation.

He noted that CGN will ramp up cooperation with French enterprises through the China-France Entrepreneur Council to seek common development.

After the meeting, Chinese Minister of Commerce Zhong Shan and French Minister of the Economy and Finance Bruno Le Maire met business representatives from both countries and debriefed their discussion results.