28 April 2017
China plans to conduct several manned space flights from 2019 to 2022, during which a 60-tonne space station will be assembled and built, said Wang Zhaoyao, Director of China's Manned Space Programme Office, on 28 April. "The space station program has been progressing steadily with its key technologies and plans already completed and its relevant flight products being tested," he said. "Chinese astronauts are preparing for the space station era. They are expected to stay in space for three to six months or even longer during future missions."
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28 April 2017
A new multimedia platform with comprehensive information on Chinese space activities, presented in a highly attractive way was launched by China Global Television Network - CGTN.
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25 April 2017
On 24 April 2017, construction began on China's first commercial space industry center in Wuhan, capital of Hubei province.
The Wuhan National Space Industry Base aims to attract at least 100 enterprises involved in the space industry before 2020 and generate 30 billion yuan ($4.36 billion) in annual gross product by then, according to China Aerospace Science and Industry Corp, the main investor. The center will occupy 68.8 square kilometers in Xinzhou district.
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24 April 2017
Venture firm Matrix Partners China has joined a RMB100 million (US$14.5 million) series A-financing round in TianYi Research Institute, a Changsha, Hunan province-based commercial microsatellite start-up, according to Chinese media reports.
Existing investors Northern Light Venture Capital, and Cash Capital, a venture capital unit under state-owned Chinese Academy of Science Holdings, also participated in the round. Founded in 2016, TianYi Research Institute is one of the first microsatellite start-up established after the nation opened up the commercial aerospace market to private enterprises.
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