The Commercial Space Age Is Almost Here
China’s commercial space industry has once again refreshed its record in 2023, with a total of 67 orbital launches, accounting for 30% of the global launches, second only to the United States.
Space exploration is becoming increasingly accessible to consumers. Within three years, China’s market size has reached 2.8 trillion yuan. The space technology has been applied to various aspects of the national economy, with satellite internet being one of commercially viable technological scenarios.