The new rules assign explicit responsibilities to various stakeholders and emphasize robust supervision throughout the full lifecycle of commercial missions. CNSA said the goal is to establish orderly development within the sector while enhancing overall technical quality and safety.
The move comes amid a period of rapid expansion in China's private space economy, spurred by major advancements in technology, increased launch capacity, and the continued rollout of national space infrastructure.
Recognizing the sector's strategic value, China's 2024 government work report labeled the commercial space industry as a "new engine of economic growth." Market analysts expect the country's commercial space output to exceed 2.5 trillion yuan, or approximately $348 billion, by 2025.
Related Links
China National Space Administration
Space Technology News - Applications and Research
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