China's space authority sets up new department to oversee commercial space sector
Summary
China's National Space Administration has established a new department to regulate the commercial space sector, supporting its high-quality and safe development amidst rapid industry growth.
Key Points
- China National Space Administration (CNSA) has established a new department dedicated to overseeing the commercial space sector.
- China's commercial space sector has grown rapidly, now comprising over 600 enterprises.
- The new department aims to regulate the industry to ensure high-quality development and safety.
- The CNSA released an action plan for commercial space development from 2025 to 2027 to integrate it with the national space strategy.
