Five days ago, China just started the TMSR project in the Chinese Academy of Sciences (CAS) annual report conference, which indicates that China has joined the international MSR club officially. Chinese TMSR project is one of the first four launched projects in 2011, as can be called the "Strategic and Leading Project of Science and Technology". Its ultimate target is to investigate and develop a whole new nuclear system ( thorium based molten salt nuclear system) in about 20 years. The website link of related reports are as follow.
http://www.cas.cn/xw/zyxw/ttxw/201101/t ... 7050.shtml
http://whb.news365.com.cn/yw/201101/t20 ... 944856.htm
The LFTR (TMSR) was first developed by Oak Ridge National Laboratory researchers between 1950 and 1975, and has been discussed in detail on Energy from Thorium and Nuclear Green. During the last decade by The Reactor Physics Group of the University of Grenoble has renewed TMSR research. This step is highly rational for the Chinese to take. China appears to have a large thorium reserve, much of it now in the form of rare earth mining tailings. LFTRs as so efficient that they could supply China with all the energy it needs for a period of time that could streach out for millions of years. LFTRs can be factory built and rapidly deployed in Very large numbers. A large scale LFTR program would enable China to replaced fossil fuel energy sources with nuclear power by 2050, if LFTR development had a 20 year gestation period.
Kirk Sorenson at Energy From Thorium has a deperate story on the Chinese TMSR plan.