Nuclear firms to combine

Consolidation will boost global standing of Chinese companies, say experts

The successful restructuring of the rail sector and the relatively smooth progress in the impending merger of China's top two nuclear power firms are set to give new impetus for further restructuring of State-owned enterprises, industry experts said on Wednesday.

The main objective of the current phase of SOE reforms is, however, aimed at consolidating China's nuclear sector so that it can compete with international peers for global projects, the experts said.