On the 10th "China Space Day," the Business Aerospace Innovation Consortium, spearheaded by the China National Space Administration, was officially launched. This consortium, jointly proposed and initiated by multiple entities, aims to expedite the development of commercial aerospace standards and foster a safe, healthy, and orderly growth of the sector. Presently, China boasts around 5,510 aerospace enterprises, with approximately 500 dedicated to commercial aerospace, collectively generating an output value exceeding RMB 1 trillion.
