Beijing government releases commercial space action plan

HELSINKI — Beijing’s municipal government has released an action plan to foster an innovative commercial space ecosystem in the city over the next five years.
The Beijing Action Plan for Accelerating the Innovation and Development of the Commercial Space Industry (2024-2028) includes 18 policy measures.
The action plan focuses on mapping the commercial aerospace industry chain and supporting cutting-edge research and development. It includes enhancing development guarantees, and fostering a high-quality industrial ecosystem.
It will also promote cross-border technology integration to foster the development of internationally competitive innovative enterprises and industry clusters.
Initiatives include establishing “Beijing Rocket Street,” including a reusable rocket technology innovation center to assist breakthroughs in related key technologies. Construction of the facility will begin in April and be completed in 2025.
Measurable goals include att...

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