Chinese nuclear power awakens

核电苏醒。 In the wake of Fukushima, China slowed the approval process for nuclear power plants. The Nuclear Security Administration has hired about 1000 new personnel and the process is picking up again.

Development of new energy planning objectives previously disclosed in accordance with the National Energy Board, by 2015, the installed nuclear power capacity will reach 49 million kilowatts and 70 million -80 million kilowatts by 2020, by then nuclear power installed capacity will account for more than 5% of the total electricity installed.

Whether it is 4% or 5% of the total installed capacity of 1.6 billion kilowatts, according to the currently projected 2020 electricity, installed capacity of at least 64 million kilowatts -80 million kilowatts.

Herels an English summary of the story, but it's only a very brief summary, go to the link above and use GoogleTranslate if you want the full story: Nuclear Power Planning Reports Submitted to State Council

If you want to invest in this, Global X Uranium ETF (URA) is one way to play it.