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    Home > Chemicals Industry > Chemical Technology > ICBC led China's first commercial export of nuclear power technology

    ICBC led China's first commercial export of nuclear power technology

    • Last Update: 2022-11-20
    • Source: Internet
    • Author: User
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    It is reported that ICBC has recently been appointed by the Argentine Ministry of Economy to arrange the equivalent financing of US$5.
    1 billion for the nuclear power project between China and Argentina, of which nearly 30 billion yuan is loaned, and the loan is underwritten by the China Export and Credit Insurance Corporation
    .

    The appointment directly led to the signing of a commercial contract for Argentina's fourth nuclear power plant and a commercial framework contract
    for a fifth nuclear power plant based on Hualong 1 technology.
    ICBC said that this is the first time that China's third-generation independent nuclear power technology "Hualong No.
    1" has landed in the international competitive market, and it is also the first time that a commercial bank has led the export of independent nuclear power technology based on commercial principles, marking a major breakthrough in the international development of China's nuclear power, and also marking a new step
    in financial support for China's commercial export of high-end equipment technology.

    Five years ago, China and Argentina launched nuclear power cooperation negotiations, and ICBC focused on optimizing the design of financing schemes, giving full play to the unique advantages of its Argentine subsidiary, the largest Chinese bank in Argentina, and working closely with CNNC, which played an active role
    in promoting the Argentine government to award two nuclear power plants to CNNC.

    According to reports, at present, China's nuclear industry represented by CNNC has the production and service capabilities
    of the whole industrial chain of nuclear power.
    Now each export of a nuclear power unit, more than 80,000 sets of supporting equipment, more than 200 enterprises to participate in manufacturing and construction, can create about 150,000 jobs, a single unit investment of about 30 billion yuan, considering the contribution of the whole industrial chain, the whole life of a single unit directly drives about 100 billion yuan, will greatly promote the economic and trade and production capacity cooperation between China and Argentina, deepen the comprehensive strategic partnership between the two countries, and effectively enhance the global competitiveness
    of China's high-end equipment manufacturing industry.
    At the same time, the two units are expected to use more than 50 billion cross-border RMB loans, which will play an important role
    in promoting the cross-border use of RMB.

    By the end of June 2015, ICBC's financing for nuclear power equipment and production capacity alone had exceeded US$200 billion, with a balance of about US$110 billion
    .

     

     

    It is reported that ICBC has recently been appointed by the Argentine Ministry of Economy to arrange the equivalent financing of US$5.
    1 billion for the nuclear power project between China and Argentina, of which nearly 30 billion yuan is loaned, and the loan is underwritten by the China Export and Credit Insurance Corporation
    .

    nuclear power

    The appointment directly led to the signing of a commercial contract for Argentina's fourth nuclear power plant and a commercial framework contract
    for a fifth nuclear power plant based on Hualong 1 technology.
    ICBC said that this is the first time that China's third-generation independent nuclear power technology "Hualong No.
    1" has landed in the international competitive market, and it is also the first time that a commercial bank has led the export of independent nuclear power technology based on commercial principles, marking a major breakthrough in the international development of China's nuclear power, and also marking a new step
    in financial support for China's commercial export of high-end equipment technology.

    Five years ago, China and Argentina launched nuclear power cooperation negotiations, and ICBC focused on optimizing the design of financing schemes, giving full play to the unique advantages of its Argentine subsidiary, the largest Chinese bank in Argentina, and working closely with CNNC, which played an active role
    in promoting the Argentine government to award two nuclear power plants to CNNC.

    According to reports, at present, China's nuclear industry represented by CNNC has the production and service capabilities
    of the whole industrial chain of nuclear power.
    Now each export of a nuclear power unit, more than 80,000 sets of supporting equipment, more than 200 enterprises to participate in manufacturing and construction, can create about 150,000 jobs, a single unit investment of about 30 billion yuan, considering the contribution of the whole industrial chain, the whole life of a single unit directly drives about 100 billion yuan, will greatly promote the economic and trade and production capacity cooperation between China and Argentina, deepen the comprehensive strategic partnership between the two countries, and effectively enhance the global competitiveness
    of China's high-end equipment manufacturing industry.
    At the same time, the two units are expected to use more than 50 billion cross-border RMB loans, which will play an important role
    in promoting the cross-border use of RMB.

    By the end of June 2015, ICBC's financing for nuclear power equipment and production capacity alone had exceeded US$200 billion, with a balance of about US$110 billion
    .

     

     

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