China National Nuclear Corp is to take over the country 's top nuclear power plant builder , China Nuclear Engineering & Construction ( CNEC ) , which will build a Chinese nuclear powerhouse worth nearly $ 100bn . The takeover is the latest move by the Beijing government to force marriages within the power industry as it seeks to streamline its bloated state - owned enterprise sector and create globally competitive businesses . The new company will have 150,000 employees , Reuters calculated .
China National Nuclear Corp is to take over the country's top nuclear power plant builder, China Nuclear Engineering & Construction (CNEC), which will create a Chinese nuclear powerhouse worth nearly $100bn. The takeover is the latest move by the Beijing government to force marriages within the power sector as it seeks to streamline its bloated state-owned enterprise sector and create globally competitive businesses. The new company will have 150,000 employees, Reuters calculated.