Policy guides capital empowerment, commercial aerospace advances to a new stage.

"We believe that there will be significant breakthroughs in rocket capacity in the next 3 to 5 years," said Fan Na, vice president of China Aerospace Science and Technology Corporation, in an interview with reporters. With policy guidance and capital empowerment, Chinese commercial aerospace is entering a new stage with the goal of scale launch and commercial closed-loop after ten years of technological accumulation. By 2026, low-cost commercial aerospace rockets and satellite technology verification will have entered a critical period. Data released by the National Space Administration recently shows that in 2025, China's commercial aerospace completed 50 launches, accounting for 54% of the total number of space launches. Among them, commercial carrier rockets were launched 25 times; 311 commercial satellites were put into orbit, accounting for 84% of the total number of satellites in orbit. At the same time, the capitalization process of commercial aerospace enterprises is clearly accelerating. By the end of 2025, Blue Arrow Aerospace's IPO application was accepted, and China Aerospace Science and Technology Corporation completed listing counseling on January 17, 2026, with several leading enterprises actively preparing for listing.