Joint efforts to boost growth of commercial space sector

The central government, trade unions and enterprises should work together to make a comprehensive development road map to facilitate the sustainable growth of China's commercial space sector, said an industry insider.

Wang Runfu, a senior researcher at the China Academy of Space Technology, said that the commercial space sector is on the rise in China because it fits in well with the nation's overall development strategy, providing an example of high-quality development, new quality productive forces, advanced science and technology, and high-end manufacturing capability.

"In 2024, the commercial space sector was listed in the Government Work Report as one of the 'new engines of economic growth', marking the first time that the industry appeared in such an important government document. It was mentioned twice in this year's Government Work Report, as the government vows to promote the secure and sound development of several 'emerging sectors' such as commercial space and low-altitude aviation," he said.