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China unveils plan to boost commercial space development

China

China

China

China unveils plan to boost commercial space development

2025-11-26 17:22 Last Updated At:21:57

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

China unveils plan to boost commercial space development

About 2 million elderly people with disabilities in China have received government subsidies to purchase caregiving services so far this year, the country's Ministry of Civil Affairs announced Thursday at a press conference.

The subsidies are available to older individuals who have been assessed as having moderate or more severe disabilities, based on criteria that evaluate their ability to perform daily activities as well as their mental, sensory and cognitive functions.

The Chinese government rolled out this nationwide subsidy program at the beginning of this year, after several months of pilot in limited regions. So far, elderly care service providers across the country have recorded more than 6.5 billion yuan (about 957 million U.S. dollars) in service payments covered by the subsidies, according to the ministry.

The ministry estimated that the subsidy program has generated about 29 billion yuan in growth for the elderly care service sector.

2 mln elderly people receive caregiving service subsidies in China in 2026: ministry

2 mln elderly people receive caregiving service subsidies in China in 2026: ministry

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