China's space agency has released an action plan to promote high-quality development and high-level security in commercial aerospace over the next two years.
The document, released by China National Space Administration (CNSA) on Tuesday, specifically provides for the development of an efficiently coordinated commercial aerospace industry ecosystem by 2027, featuring secure and orderly scientific-technological research and production, a remarkably enlarged industrial scale, remarkably enhanced vigor and vitality of innovation and creativity, realization of coordinated capacity building and efficient utilization of resources, and a remarkably upgraded industrial governance capacity, to basically realize high-quality development of the commercial aerospace undertaking.
To achieve these goals, the action plan sets out a package of 22 key measures in five aspects, including enhancing the driving forces for innovation and creativity, efficiently utilizing capacities and resources, promoting the development and expansion of industries, doing a good job of industry management service provision, and strengthening security supervision over the entire chain.
The agency will open civil aerospace research plans and basic research projects to commercial players, and encourage them to actively participate in civil aerospace projects and in research and development under national-level major projects.
In the action plan, the agency pledges to expand commercial access to its national network of civilian tracking, telemetry and control (TT and C) stations, data-receiving sites, calibration ranges and validation fields, as well as to large test assets such as rocket-engine test stands and space-environment simulation facilities, under the premise of guaranteeing security.
The document also encourages commercial entities to expand in corresponding links in the aerospace industry chain, such as the manufacturing of satellites and rockets, application services, and measurement and control operation, so as to promote high-quality development of the aerospace industry.
Priority support will be given to commercial firms in exploring new technologies, new products, and new application scenarios, the agency said.
Notably, the action plan calls for efforts to cultivate patient capital. The CNSA said it will improve the investment and financing system and mechanism for the commercial space sector, and establish a national development fund. It also urges local governments, financial institutions and private capital to jointly set up platforms to guide long-term, strategic and value investment.
China unveils plan to boost commercial space development
Global automakers are coming together at Auto China 2026, also known as the Beijing International Automotive Exhibition, not only to showcase new products, but also to help shape the industry's future.
With the theme of "Future of Intelligence," Auto China 2026 showcases intelligent vehicles, including electric models granted road approval for "hands-off, eyes-off" Level 3 driving.
This year's show features a record-breaking total exhibition area of 380,000 square meters, making it the world's largest auto show by exhibition area.
A total of 1,451 vehicles, including 181 debut models and 71 concept cars, are being showcased at the ongoing event.
Car enthusiasts from around the world are converging at the show, sharing their impressions of the show and China's auto market.
"I'm a big fan of cars and this is the biggest motor show in the world. So I have to be here," said a visitor named Jan.
"I come from a country, Argentina, where Chinese cars have gone from being two to three percent of the market to being over 10 percent of the market in the span of two years. So it's very important to know what's going on," said Lucas Abriata, who works as a journalist.
"I'm used to combustion cars. I love the smell. I love the sound. I love the feeling. But electric cars are very cool too," said Ludmila Duarte, a Brazilian content creator.
Beyond enthusiastic fans and media, industry professionals are equally invigorated by the show.
Uliana, a localization specialist at Great Wall Motor (GWM), a Chinese automaker, expressed amazement at the technologies and innovations on display.
"I'm overwhelmed with how many technologies there are, and how many new concepts and innovative fields that are presented here," she said.
Francois Marion, Chief Communications and Sustainability Officer of Valeo, a major French automotive parts supplier, highlighted the importance of the Chinese market and the company's strong commitment to it.
"We believe the China market is a very good opportunity for us. We see growth coming back in the second semester for us in China and we have the opportunity to sell so many great technologies in China with our Chinese customers - 63 percent of our orders last year were with Chinese OEMs (original equipment manufacturers). We are here because we are super committed to China as a market," said Marion.
Kevin Clark, Chair and CEO of American automotive technology supplier Aptiv, explained the necessity of continuous localization to stay relevant in the automotive market.
"We've always been here for the China market. Obviously, this is the largest market. It's the fastest growing from a technology standpoint. To be relevant, you need to continue to increasingly localize our engineering capabilities, our supply chains. And that's just something that we keep doing to be resilient and to be relevant in the market," said Clark.
As global players deepen their presence in China, Chinese innovation is simultaneously expanding onto the world stage.
Shifting from technology adopters to solution providers, Chinese smart driving companies are emerging as a new force within the industry.
Chinese self-driving technology company QCraft, shaped by China's complex and demanding road conditions, is now extending its reach into markets such as Europe and the Middle East.
Yu Qian, Co-founder and CEO of QCraft, shared his perspective on connecting China's innovation with the world.
"It's truly encouraging to see that so many new technologies and products are first deployed right here in the Chinese market. We've certainly benefited from this, growing and thriving as a result. At the same time, we're eager to build stronger bridges between China and the rest of the world," said Yu.
The 10-day event is scheduled to run until May 3.
Global automakers drive collaboration at Auto China 2026
