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2026-04-24 21:58:16
[China's Commercial Space Industry Enters a Critical Period of Rapid Growth: The Speed of Building a Satellite in 3 Days] China's commercial space sector now covers the entire industry chain, including rocket and satellite manufacturing, launch, telemetry, tracking and control, and satellite applications, and is entering a critical stage of rapid growth. Large investments and new projects are being implemented one after another, and driven by economies of scale, China's commercial space industry is consolidating and forming a number of distinctive industrial clusters. In Beijing, the "Rocket Street" has initially attracted more than 30 companies, covering multiple aspects such as rocket assembly, engine development, and satellite manufacturing. It is expected that by the end of this year, the number of permanent employees will reach approximately 1,000. In the satellite assembly workshop of a company in Nantong, Jiangsu, a pulsed production line is operating, where the manufacturing cycle of a satellite can be as short as 3 days. In Chengdu, Sichuan, a complete aerospace industry chain system, from satellite manufacturing, launch services, ground equipment to satellite operation services, has been formed. Data shows that in 2025, my country launched 92 spacecraft, a 35% increase compared to 2024. Among them, 50 were commercial space launches, with more than 310 commercial satellites entering orbit, setting a new record. The number and quality of launches are steadily improving. (CCTV Finance)
