Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) LinkedIn
    Kuşak ve Yol
    • Corporate
      • About Us
    • Belt and Road Initiative

      Brief History

      14 January 2024

      Belt and Road Initiative Investment Projects

      13 January 2024

      Financing

      13 January 2024
    • News

      Chinese Premier Li: China and Germany to Focus on New Opportunities in Trade

      27 February 2026

      The Reflection of Friendly Turkish-Chinese Cooperation: The Tuz Gölü Underground Natural Gas Storage Facility Expansion Project

      27 February 2026

      Spring Festival Messages to China from World Leaders

      23 February 2026

      New Year Celebrations in Hebei Province, China, Created a Vivid Spectacle

      23 February 2026

      China’s 2026 Spring Festival box office exceeds 2 bln yuan

      19 February 2026
    • Publications
      1. Analysis
      2. Infographic
      3. Interview
      4. Report
      5. View All

      Xi Jinping’s 2026 Messages: China’s Discursive Identity Construction

      23 February 2026

      APEC “China Year”: Future of the Global Competition and Economic Integration

      19 February 2026

      China–Finland Relations: The Xi–Orpo Meeting

      2 February 2026

      China’s Supply-Side Reforms and a Decade of Economic Transformation

      24 January 2026

      Infographic The Key to Global Prosperity: Belt and Road

      20 December 2025

      Infographic Contributions of the Belt and Road Initiative to the Caucasus 

      18 December 2025

      Projects Conducted in the Context of Belt and Road Inıtiative

      3 October 2025

      BRI Investments in ASEAN Region

      2 June 2025

      CAICT, Research Fellow Bingyi Yang: “China Places Great Emphasis on the Development of Artificial Intelligence (AI)”

      25 March 2025

      Astana Information Technologies University, Asst. Prof. Ainur Slamgazhy: “Through CSR, China’s Role on the Global Stage Significantly Affects the Project’s International Image and Perception.”

      12 October 2024

      University of Punjab, Prof. Dr. Rehana Saeed Hashmi: “China Has Portrayed a Strategic Vision with Its BRI.”

      20 September 2024

      Khalid Taimur Akram, The Executive Director of PRCCSF: “While it is still too early to assess the full impact of the BRI, it is clear that there have been some reported successes.”

      8 March 2024

      Belt and Road Initiative 2024 1st Term Report Now Available!

      4 November 2024

      Türkiye-China Relations: On the Basis of Belt and Road Cooperation Common Vision and Strategic Cooperation for Humanity Report is Now Available on Our Website!

      4 November 2024

      China’s Relationship with The south Caucasus Countries within The Framework of the Belt and Road Initiative

      14 June 2024

      China’s Effort to Create Cooperation Bridges in Global Trade: The Belt and Road Initiative

      14 January 2024

      Xi Jinping’s 2026 Messages: China’s Discursive Identity Construction

      23 February 2026

      APEC “China Year”: Future of the Global Competition and Economic Integration

      19 February 2026

      China–Finland Relations: The Xi–Orpo Meeting

      2 February 2026

      China’s Supply-Side Reforms and a Decade of Economic Transformation

      24 January 2026
    • Contact Us
    • English
      • Türkçe
      • English
    Kuşak ve Yol
    Anasayfa » China’s commercial space firms propel industrial upgrading via innovative cooperation
    News

    China’s commercial space firms propel industrial upgrading via innovative cooperation

    Kusak ve YolBy Kusak ve Yol14 August 2024
    Share
    Facebook Twitter LinkedIn Pinterest Email Telegram

    Standing in front of a seemingly ordinary white aluminum-alloy frame, Xu Ying couldn’t help feeling proud when saying that it leverages a manufacturing method that is usually applied in car manufacturing, namely integrated die-casting technology.

    The frame served as the main platform of the Lingxi-03 satellite. This commercial satellite was made by Beijing-based space unicorn firm GalaxySpace, in cooperation with Changsha Hefeng wear-resistant material company, a private enterprise located in central China’s Hunan Province, whose major business used to be the production of parts for railway equipment and automobiles.

    “We put forward the design for the satellite, collaborated closely with Hefeng, and innovated together during the whole process,” said Xu, general manager of public affairs at GalaxySpace, as she revealed more about the development process.

    Established in 2018, GalaxySpace is a leading satellite internet solution provider and satellite manufacturer in China. It was also crowned as the first unicorn company in commercial aerospace in the country.

    The rapid growth of the company underlines the effectiveness of China’s push for developing the commercial space sector, as well as its broader policy efforts in fostering new quality productive forces.

    The commercialization of China’s aerospace sector started in 2014, when the country’s State Council, in a guideline, encouraged private capital to participate in the construction of national civil space infrastructure.

    In 2020, the National Development and Reform Commission, the country’s economic planner, defined the scope of new infrastructure for the first time. Satellite internet was incorporated into the category of communication network infrastructure.

    China’s commercial space industry has experienced rapid growth in recent years, emerging as one of the new quality productive forces. The sector has been fostering the industrial ecosystem via cooperation with other industries, injecting fresh impetus for high-quality development in the country.

    Similar to the cooperation between GalaxySpace and Hefeng, leading private enterprises in the commercial space sector are driving the commercial space supply chain toward innovation by tapping into the country’s robust industrial manufacturing system.

    Economic Watch: China’s commercial space firms propel industrial upgrading via innovative cooperation-Xinhua (news.cn)

    Previous ArticleChina, Africa trade in intermediate goods grows 6.4 percent in Jan.-July
    Next Article China issues guidelines to ramp up green transition of economic, social development

    Related Posts

    Chinese Premier Li: China and Germany to Focus on New Opportunities in Trade

    27 February 2026 News

    The Reflection of Friendly Turkish-Chinese Cooperation: The Tuz Gölü Underground Natural Gas Storage Facility Expansion Project

    27 February 2026 News

    Spring Festival Messages to China from World Leaders

    23 February 2026 News

    Kuşak ve Yol İnisiyatifi Ekonomi ve Kültür Derneği
    Belt and Road Initiative Association for Economy and Culture
    一带一路经济与文化协会

    Contact Us

    Abide-i Hürriyet Caddesi A Blok No: 211 K: 1 D: 64 34381 Şişli/İstanbul-TÜRKİYE

    Tel: +90 (212) 982 49 32

    E-mail: info@kusakveyol.org

    Facebook X (Twitter) Instagram YouTube LinkedIn
    © 2026 Belt and Road Initiative Association for Economy and Culture. All Rights Reserved.
    • Corporate
    • Belt and Road Initiative
    • News
    • Analysis
    • Infographic
    • Interview
    • Report

    Type above and press Enter to search. Press Esc to cancel.