Guangdong to boost nuclear industry

Companies signed 12.5 billion yuan ($1.74 billion) worth of investment agreements to aid the development of the nuclear energy industry in Guangdong province at a conference on Wednesday.

The agreements, which are expected to fuel growth in the region's sector, include nine joint research and development deals, and seven that signal intention to invest.

Representatives from more than 160 nuclear energy companies and industrial chains from around the country attended the conference, which was organized by the Guangdong Provincial Development and Reform Commission and China General Nuclear Power Group.