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As domestic demand for electricity soars in China, and the country accelerates its shift to renewable energy, nuclear power will be one of the highest-priority projects. China currently operates 36 nuclear reactors, and is in the process of building 20 new ones, according to an official with the Ministry of Environmental Protection. By the end of 2020, China aims to have 58 million kilowatts of nuclear power capacity in operation and more than 30 million kW under construction, ranking second in the world for number of installed units.

As a manufacturer of machinery and systems for production and processing of rubber and plastics, KraussMaffei plans to further enhance its local capabilities and provide customers with one-stop solutions. The new plant will double the company's production capacity in China, Cui said.

As Toyota cranks up improvements for the next generation of its Mirai hydrogen fuel cell vehicles, or FCV, expected in the early 2020s, it is hoping to prove critics wrong; most rival automakers and industry experts have dismissed such plans as commercially unviable.

As Zhejiang lowered the toll fees for international standard container vehicles in March last year, the company has seen the cost for such vehicles reduced by 10 percent year-on-year, which is quite important for a public company.

As for overall industrial capacity, the utilization rate in the period stood at 76.5 percent, up 0.7 percentage point year-on-year, the ministry's data showed.