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|China has taken another major step forwards in nuclear power generation Authentic Marc-Andre Fleury Jersey , with the second generation unit of a nuclear plant in the southern Guangdong Province connected to the grid on Tuesday afternoon.
The unit of the Yangjiang nuclear power plant will start generating electricity after a trial run lasting 168 hours, according to a statement issued by China General Nuclear Power Group (CGN).
Construction of the second unit began in June 2009. The first unit, under construction since December 2008, went into commercial operation last March. It generated 6.8 billion kwh of electricity last year.
The Yangjiang nuclear plant has six units Authentic James Neal Jersey , which will generate 48 billion kwh of electricity a year after they all go into commercial operation around January 2019, according to CGN.
Meanwhile, in east China's Fujian Province, the third unit of the Ningde nuclear plant started trial operation on Sunday.
Its construction was started in January 2010 Cheap Marc-Andre Fleury Jersey , and it is expected to generate 8 billion kwh per year, according to the Fujian development and reform commission.
The Ningde plant should generate 30 billion kwh of electricity a year when all four generating units are in commercial operation.
The first went into operation in April 2013, the second in January 2014.
As of last June, China had 19 operating nuclear power units and 29 units under construction Cheap James Neal Jersey , ranking it as one of the biggest
The Bank of England on Tuesday began buying ?￡10 billion of corporate debt under a wide-ranging stimulus programme aimed at propping up the economy after Britain voted to exit the EU.
The BoE last month announced it would buy company bonds worth the equivalent of $13 billion or 11.6 billion euros over an 18-month period.
It came as the BoE slashed its key interest rate by a quarter-point to a record-low 0.25 percent and expanded its main quantitative easing (QE) bond-buying scheme by ?￡60 billion to ?￡435 billion.
At the same time, it unveiled in August a scheme worth up to ?￡100 billion to encourage banks to lend to households and businesses.
The BoE is meanwhile purchasing debt from non-financial companies which make a "material contribution" to Britain's economy, while foreign firms such as Apple, German rail operator Deutsche Bahn and French oil giant Total as eligible to participate in the scheme.
Britain voted June 23 to quit the European Union under the so-called Brexit referendum Marc-Andre Fleury Jersey , causing BoE governor Mark Carney to believe that the country could fall into recession.
Economic data since the vote has been mixed, while markets await upcoming releases for a clearer idea of what the future holds.
Meanwhile the prospect of a "hard Brexit", or a total divorce between Britain and the European Union, is on the rise James Neal Jersey , posing complications for businesses.
Prime Minister Theresa May's government has spent several weeks consulting with companies to work out its strategy in negotiating Britain's departure.
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