China Accelerates Nuclear Power Construction to Foster State-Owned Industry Giants

China's pools its national economic power to back the CCP's global political ambitions: expert

High voltage relay towers are seen in front of the Wujing coal-electricity power station in the Minhang district of Shanghai on Aug. 22, 2022. Hector Retamal/AFP via Getty Images

On the eve of the twentieth Chinese Communist Party (CCP) Congress, authorities accelerated the construction of nuclear power stations, the energy base to support CCP-controlled mega corporations intended to outcompete their global peers.

“It is an attempt of the CCP to create industry giants through state monopoly, and to participate in global competition,” Shi Shan, a U.S.-based Chinese political and economic affairs expert, told the Hong Kong edition of The Epoch Times.