HAIKOU – The number of Chinese enterprises in commercial aerospace industries has exceeded 160, according to an international aerospace forum held in Wenchang city, South China’s island province of Hainan on Tuesday.

The enterprises cover the manufacturing of rockets and satellites, satellite tracking and control, the operation services of communications satellites and remote sensing satellites and other industries, said Wan Yanhui, head of the assets management department of China Aerospace Science and Technology Corporation at the Wenchang International Aviation & Aerospace Forum.

China has carried out over 50 international commercial launches and completed the delivery of 14 satellites in orbit, Wan added.

The company also plans to build Wenchang into an international spacecraft launch center and an exchange and cooperation platform for aerospace to promote the development of commercial aerospace industries.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Baby Yoda powers Disney streaming subscriptions to fast start

(Reuters) – Walt Disney Co’s new streaming service Disney+ reached 28.6 million paying subscribers this week, the company said on Tuesday as it reported quarterly earnings that beat Wall Street forecasts. Shares of Disney were flat following the results after…

Will Technology Kill Off Most Jobs? One Expert Says Don’t Panic Just Yet

If you’re concerned that automation and artificial intelligence are going to disrupt the economy over the next decade, join the club. But while policymakers and academics agree there’ll be significant disruption, they differ about its impact. On one hand, techno-pessimists…

Chinese bankers consider macro economy at normal level: survey

BEIJING – Chinese bankers reported growing optimism over the prospects for the country’s macro economy in the third quarter (Q3) of this year, the central bank found in a survey. About 47.5 percent of surveyed senior management from roughly 3,200…

Trump says Oracle, a good company, could take over TikTok in the U.S

WASHINGTON (Reuters) – U.S. President Donald Trump said on Tuesday that Oracle Corp is a good company and could take over popular Chinese-owned social media app TikTok in the United States, after he issued an order mandating its sale in…