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In 2025, the scale of China's core commercial space industry will exceed one trillion yuan
Reporters learned from the 2026 CCID Forum that, according to estimates, the scale of China’s core commercial space industry grew to 1.01 trillion yuan in 2025, up nearly 7% year over year. By the end of 2025, the number of China’s commercial space enterprises had exceeded 600, up more than 20% year over year. The number of commercial launches and commercial satellites placed into orbit is growing rapidly. In 2025, China conducted 50 commercial space launches, accounting for 54% of the country’s total launches; 311 commercial satellites were in orbit, accounting for 84% of the total number of satellites in orbit. According to a report from the Commercial Space Research Center of the China Electronic Information Industry Development Research Institute, it is expected that during the “15th Five-Year Plan” period, the compound annual growth rate of China’s core commercial space industry will reach around 11%, maintaining a rapid growth momentum. (Xinhua News Agency)