02 February 2018
With more private firms and investors entering the commercial aerospace industry in China over the past three years, the sector, which is currently focused on satellites and rockets, is set to realize enormous value in the near future. In 2014, the State Council, China's cabinet, formally announced it would allow private companies to research, manufacture and launch as well as operate commercial satellites, which prompted a batch of Chinese entrepreneurs to excitedly pitch some ideas in the industry.
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