China creates commercial space alliance, expands launch complex
HELSINKI —
A group of space industry entities have formed a China commercial space alliance to help promote and regulate the country’s burgeoning private space sector.
The China Commercial Space Alliance
was launched at a Dec. 11 ceremony in Beijing. The alliance was created by six groups including units under the state-owned defense and space contractors the China Aerospace Science and Technology Corporation (CASC) and China Aerospace Science and Industry Corporation (CASIC).
The China Space Foundation and the Chinese Academy of Sciences are also involved.
The new collaborative body is a response to the rapid growth of private aerospace companies following a 2014 government decision to open areas of the space sector to private capital.
According to Chinese publication Future Aerospace there were 141 registered commercial aerospace companies in China at the end of 2018.
Around 20 firms now engaged in developing launch vehicles or their components including Landspace, OneSpace and iSpace.
SpaceNews.com
https://spacenews.com/china-creates-commercial-space-alliance-expands-launch-complex/