China’s space tourism sector is expected to reach an early stage of commercial operations within the next five to 10 years, in tandem with the commercial space industry’s ongoing rapid, sustainable development, a state-owned think tank has said.
A modified ZQ-2 Y-1 carrier rocket carrying two test satellites blasts off from a commercial space innovation pilot zone in northwest China, Nov. 27, 2024. [Photo/Xinhua]
An early April report on the development of the country’s commercial space industry from CCID Consulting, which operates under China’s Ministry of Industry and Information Technology, notes that the entire industrial chain has achieved rapid growth.
The report suggests that by the end of China’s 15th Five-Year Plan period…