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50 pct of Chinese to live in urban areas by 2010
EU-Asia investment forum to be held in SW China
Hong Kong's retail sales ebbs in September
Home prices rise in cities, except Shanghai
"China factor" fades as oil price tumbles
PetroChina incurs 1 bln loss through closure of oil
carve out  
Slump in exports of Xmas goods continues
Official of CBRC: Non-performing loans volume could rebound
China Shipping to buy 42 bulk carriers
Chinese regulator denies report of Citigroup buying Chinese bank
Chinese company registers 900,000th trade mark
No plans to imitate Airbus by opening "symbolic" China factory
Industry  
Official: China considering free-trade area with India
China's largest short-haul air carrier set to be based in Tianjin
Indonesia to boost export to China
China plans new nuclear power plant on east coast
China's largest cotton base's output to rise 11% this year
China expected to beat US as world's No. 1 auto market
 
Chinese utility proposes new nuclear power plant
BEIJING, Nov. 7 (AP) -- A Chinese utility has proposed building a nuclear power plant along the Yangtze River west of Shanghai, a news report said Tuesday, adding to a string of planned nuclear facilities announced this year in China.


The plant in Wuhu, an inland city in Anhui province, would be the first along the Yangtze, China's biggest river, the official Xinhua News Agency said. It said the plan still requires government approval.


It is the fifth planned nuclear power generating station announced this year in China. The government plans to build as many as 40 nuclear plants by 2020 in an effort to reduce power shortages caused by China's economic boom.


The China Guangdong Nuclear Power Holding Co. has earmarked 46 billion yuan (US$5.7 billion; €4.6 billion) for the Wuhu plant, Xinhua said. It would have four reactors with a total generating capacity of 4,000 megawatts.


China has six nuclear power plants with 11 reactors, all located along its economically thriving east and southeast coasts.


Companies have announced plans to build additional plants in the provinces of Fujian in the southeast, Shandong in the northeast and Hunan in central China.

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