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China: China establishes new regulatory body to boost commercial space industry
China's burgeoning commercial space sector gained a major boost on Saturday with the establishment of a dedicated regulatory body, signaling a strong commitment by the central government to support and manage the industry's rapid growth. The Commercial Space Department, whose establishment was announced by the China National Space Administration (CNSA), will serve as the specialized regulator for all commercial space activities, marking a significant step toward fostering the sector's high-quality development and potentially benefiting the entire supply chain. It came after the CNSA recently released an action plan to promote the high-quality and safe development of commercial space from 2025 to 2027. The plan aims to integrate commercial space into the country's overall space development layout. In recent years, China's commercial space sector, which includes private companies building rockets, satellites, and offering space-related services, has achieved historic progress, driven by supportive policies, technological breakthroughs and market demand, through collaborative innovation across the industrial chain. The number of commercial space enterprises in China has now surpassed 600, according to the CNSA. SHOTLIST: FILE: China - Date Unknown 1. Aerial shots of spacecraft launch site; 2. Carrier rocket blasting off; 3. Aerial shot of launch site; 4. Various of engineers, parts of rocket; 5. Various of rockets blasting off, being tested; 6. Aerial shots of launch site facilities; 7. Split screen showing engines being tested; 8. Various of reusable rocket being launched, recovered; 9. Aerial shots of rocket being transferred; 10. Various of rocket blasting off from sea. [Restrictions: No access Chinese mainland]
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