Hundreds of Billions in Capital Chase the Artificial Sun: Post-90s Scientist Wang Teng Says China Aims to Light the First Lamp of Fusion Power Generation

China says its fusion program is now leading globally, backed by strong state support and rapidly rising private investment.

Major facilities such as EAST, CRAFT and BEST continue to advance, while high-temperature superconductors and AI plasma control are improving key technologies.

Fusion has been elevated in national planning and law, underscoring Beijing’s push to make it a strategic future energy source.

A growing roster of companies and new financing rounds points to an accelerating commercialization race, with a plant targeted around 2040.