Rosatom hopes to plug into nuclear industry

Rosatom, the Russian State Atomic Energy Corp, is seeking to hit big in China's nuclear industry with the opening of a regional center headquartered in Beijing on Thursday, according to a senior official of the company.

"We are looking to expand our business in China, a market with huge potential for growth in the nuclear industry, and the activities of regional center are designed to help strengthen our cooperation with the country," said Alexander Merten, president of Rosatom International Network.

The company is not only planning to build more new reactors with its long-standing partner China National Nuclear Corp, but is also expected to expand its business into "non-nuclear activities" such as agriculture, organic chemicals and nuclear medicine, Merten said.