Canadian Nuclear Trade Mission to China

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1 Canadian Nuclear Trade Mission to China March 25 th -31 st, 2018 in conjunction with Nuclear in China Exhibition 2018 Beijing, China March 25 th -31 st, 2018 Sanmen NPP Qinshan NPP Hualong One NPP The Organization of Canadian Nuclear Industries (OCNI) is organizing a trade mission to China to link Canadian nuclear suppliers with nuclear utilities and potential supply partners in the world s fastest growing nuclear market Objectives: Introduce Canadian nuclear equipment / service providers to the wide range of opportunities in the rapidly expanding Chinese nuclear program; Introduce Canadian nuclear equipment and service providers to potential Chinese partners to collaborate on Qinshan CANDU plant life extension and on construction of AFCR reactors in China and elsewhere. Introduce Canadian nuclear equipment and service providers to Chinese nuclear equipment suppliers to develop partnerships for supply to CANDU projects in Romania, Argentina, and the UK in which Chinese state-owned enterprises, CNNC and CGN, intend to invest. Organizer

2 Organization of Canadian Nuclear Industries (OCNI) Trade Mission Leaders James Carr, Minister of Natural Resources Canada (TBC) Reza Moridi, Ontario Minister of Research and Innovation (TBC) Partners- Canada Canadian Nuclear Association CANDU Owners Group Natural Resources Canada Ontario Ministry of International Trade Ontario Ministry of Energy Ontario Ministry of Research, and Innovation Partners China Haiyan Nuclear Power Related Industrial Alliance Chinese Nuclear Society NIC 2018 (March 28 th -31 s, 2018, Beijing) The Canadian Nuclear Trade Mission will be anchored this major international exhibition and conference and in Beijing. Nuclear Industry China (NIC) is a four- day event being held from 28th March to the 31st March 2018 at the China International Exhibition Center in Beijing, China. This event showcases products like Nuclear Power Plant Equipment or Technology, Nuclear Instrumentation, Nuclear Fuel Cycle Technology, Stable and Radioactive Isotope Products or Instrumentation, Radiation Processing, Environmental Monitoring and Protection System, Fusion & Plasma Technology Applications etc. in the Industrial Products industry. Canadian Trade Mission leaders will be featured in the Opening Ceremony and the Opening Plenary Session for NIC The Canadian Pavilion will be in prominent location at the NIC 2018 Trade Show. All delegates on the Trade Mission will have an opportunity to showcase their company capabilities in the pavilion and to host B2B meetings at meeting areas within the pavilion.

3 Canadian Pavilion at NIC 2016 Preliminary Program Sunday March 25 th - Delegates arrive in Beijing City tour Optional Monday March 26 th AM - Briefing for Trade Mission Delegates at the InterContinental Hotel in Beijing (adjacent to China National Conference Centre) PM - B2B meetings with Chinese nuclear suppliers, CNNC, CGN (TBC) Tuesday March 27 th AM/PM - meetings with Chinese nuclear suppliers - TBC Evening NIC 2018 Conference Opening Reception Wednesday March 28 th AM - NIC 2018 Opening Ceremony and Plenary Program AM - Ribbon Cutting at Canadian Pavilion at NIC 2018 PM - Participation in Canadian Pavilion at NIC 2018 Evening - Reception at Canadian Embassy for Trade Mission delegates and invited Chinese nuclear industry VIP s - TBC Thursday March 29 th AM - Canada-China Seminar to discuss CANDU and PWR Projects in China, Canada, and in third countries (Argentina, Romania, and UK) in which Canadian and Chinese nuclear suppliers can collaborate. PM- Meetings with officials of China National Nuclear Corporation (CNNC) and China General Nuclear (CGN) the Chinese organizations investing in the Atucha 3 project (Argentina) and the Cernavoda 3&4 project (Romania) Evening - Reception for Seminar participants hosted by OCNI at the InterContinental Hotel - TBC

4 Friday March 30 th AM/PM -Participation in Canadian Pavilion at NIC 2018 Evening - NIC 2018 Closing Ceremony / Cultural Event Saturday March 31 st AM - Morning Participation in Canadian Pavilion at NIC 2018 Close of NIC 2018 Close Canadian Pavilion Optional Technical Tours (arranged through NIC 2018 Organizers) 1. China Experimental Fast Reactor 2. High-Temperature Gas-Cooled Reactor 3. Sanmen Nuclear Power Plant Flight Information for Marina Oeyangen and Ron Oberth Air Canada Departing: March 24 th, 2018 at14h55, Flight No. AC0031 Arriving in Beijing on: March 25 th, 2018 at 16h05 Air Canada Returning: March 31 st, 2018 at 18h05, Flight No. AC0032 Arriving in Canada on March 31 st, 2018 at 18h05 Venue China National Convention Centre in Beijing Hotel information We will stay at the InterContinental Hotel in Beijing and each delegate will have to book their own room by ing Steven Liu directly. The contact details are below: Steven Liu 刘济睿 Business Development Manager-MICE INTERCONTINENTAL, BEIJING BEICHEN No.8, Beichen West Road, Chaoyang District, Beijing, , P.R China Direct: +86 (10) Tel: +86 (10) Ext.1317 Fax: +86 (10) Mobile: Steven.liu@icbjb.com

5 Registration Deadline is February 23 rd, Contact: Ontario Marina Oeyangen Director of Operations Organization of Canadian Nuclear Industries

6 Background China s Nuclear Market The economy in China has been developing fast at an unprecedented speed and has maintained such a speed in 2014 at 7.4% increase of GDP even at the world financial crisis and is expected to keep 7% increase in To keep pace with this fast demand, China needs much energy to maintain its social and economic development and to protect the natural environment. The Chinese government made a commitment formally to the world that compared to 2005, China would cut its carbon emission intensity at 40% to 45% by unit of GDP and the non-fossil energy consumption would reach 15% before In November 2014, the Chinese Central Government published "The Action Plan for Energy Development Strategy (2014~2020)" which clearly defined the goal of nuclear power development in China, i.e., nuclear power should reach 58GWe operational by 2020 and 30GWe under construction by then. This means that China will need 35GWe new builds, approximately 5 to 6 units to start construction before The new investment in nuclear power is around 100 billion Yuan each year. By the end of May 2015, the Chinese Government has approved the start of construction of 2 projects of 4 units (Hongyanhe 5 & 6, and Fuqing 5& 6). In addition, China is also cooperating with many other countries in building nuclear power plants internationally with a number of reactor designs, including its indigenous design namedhualong-1 by both China National Nuclear Corp (CNNC) and China General Nuclear (CGN). In 2015, BWXT Canada Ltd. signed a contract with CNPEC (CGN s subsidiary) and Dongfang Electric Corp for design and supply of steam generators for Hualong-1 Fangchenggang Unit 3. In February 2015, China and Argentina signed an agreement on the construction of PWR reactor in Argentina. China is also discussing opportunities with UK, South Africa, Romania, Brazil and many other countries. Another inspiring point is that R & D in the nuclear industry in China has made great progress. China's 3rd Generation nuclear power design "Hualong-1" has commenced pouring of the first concrete for the nuclear island at Fuqing site (Unit 5) on May 7, The CAP1400 has poured concrete for the conventional island on April 25, For the small modular reactor ACP100, CNNC completed the technical option selection. The Chinese Experimental Fast Reactor reached full power in December 2014 and stayed in full power level for 72 hours. China is also a very active member in GIF. Chinese experts are also participating international research program, such as the International Thermonuclear Experimental Reactor (ITER).

7 Advanced Fuel CANDU Reactor Project Natural Resources Canada and the China National Energy Administration signed an Agreement on November 8, 2014 to advance collaboration between the two countries in the field of civilian nuclear energy including development of advanced fuel reactors and exports to third markets. On the same day SNC-Lavalin/Candu signed a framework joint venture (JV) agreement with China National Nuclear Corporation (CNNC) to build Advanced Fuel CANDU Reactor (AFCR) projects in China and develop opportunities for it globally. An AFCR project in China or in third markets would be worth several hundred million dollars in contracts for Canadian CANDU equipment suppliers.