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China Unveils 2025-27 Plan to Lead in Commercial Space Sector

SPACE ECONOMY

China has announced its 'Action Plan for Promoting the High-Quality and Safe Development of Commercial Space (2025-27)', aiming to strengthen its commercial space sector by 2027. The plan includes initiatives such as opening national R&D projects to private firms, establishing a national commercial space fund, and focusing on reusable rocket technology, with the LandSpace Zhuque 3 rocket's upcoming maiden flight. Despite facing competition from companies like SpaceX, China aims for significant growth in its $15 billion commercial space market through innovation and government support.

China Unveils 2025-27 Plan to Lead in Commercial Space Sector
Jan 20, 2026, 6:05 AM

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