China Nuclear Insurance Pool

  China is not a party of any international convention in the field of third party Nuclear Damage Liability. According to our Domestic regulation in Third Party Nuclear Damage Liability, “The 2007 Reply to Questions on the Liability of Compensation for Damages Resulting from Nuclear Accidents” is applicable. Most of the international convention principles can be found in it. As to the reply, Nuclear Operator’s liability in a Nuclear Accidents should be limited to CNY 300 Million, government will take another CNY 800 Million for the amount exceeded. In case of any compensations from an extra Nuclear Accident, State Department have the final decision to increase the amount government can assist. Nowadays, our Nuclear Act is under drafting.

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