S&P Global Commodity Insights projects the share of nuclear power to be higher in the generational mix of coastal provinces at 15 percent in 2035, up from 11 percent in 2021, while China's nuclear generation capacity will reach 145 gigawatts in 2035, more than double the 2025 target level.

In China's latest 14th Five-Year Plan (2021-25), the government has called for nuclear generation capacity expansion to 70 GW in 2025.

According to the blue book, China continues to lead the world in the number of nuclear power units under construction at 26. Total planned installed capacity of 30.30 GW is currently under construction, ranking tops worldwide, it said.

The share of nuclear power generation is expected to reach 18 percent by 2060, which is similar to the current average level for members of the Organisation for Economic Cooperation and Development (OECD).