An illustration of the commercial space sector. /VCG
The China National Space Administration (CNSA) announced on Saturday that it has recently established a new department dedicated to overseeing the rapidly growing commercial space sector.
The creation of the commercial space department marks a significant step towards providing specialized regulation for the industry, which is expected to continuously promote high-quality development and benefit the entire industrial chain, the CNSA said.
In recent years, China's commercial space sector has made historic progress, driven by supportive policies, technological breakthroughs and market demand, through collaborative innovation across the industrial chain.
A CNSA official stated that the number of commercial space enterprises in China has now surpassed 600. The sector's development potential is steadily being unlocked while ensuring safety.
The CNSA recently released an action plan to promote the high-quality and safe development of the commercial space industry from 2025 to 2027. The plan aims to integrate commercial space into the country's overall space development strategy.
(Cover via VCG)
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