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 the presence of China’s Premier Li Keqiang and French Prime Minister Bernard Cazeneuve 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.