Wang Shoujun, chairman of China National Nuclear Corporation (CNNC), and Philippe Knoche, CEO of France’s New AREVA, jointly signed a framework agreement for an industrial and commercial cooperation  in Beijing on Feb 21.

Signing the framework agreement marks a comprehensive collaboration between CNNC and New AREVA on the whole industrial chain of nuclear fuel cycle.

The bilateral cooperation is based upon a joint statement between China and France to further deepen the civil nuclear energy cooperation signed on June 30 of 2015.

In addition, it’s a pragmatic embodiment for the global cooperation project on implementing Sino-French joint statement signed by two companies.

Meanwhile, the agreement lays a solid ground for boosting the future utilization and development of world nuclear energy.