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A Long March 2-D rocket carrying the Dark Matter Particle Explorer Satellite blasts off at the Jiuquan Satellite Launch Center in Jiuquan, Northwest 皇冠体育app's Gansu province, Dec 17, 2015.[Photo/Xinhua] |
According to industry expert, the three fields are the trends and core of the future development of aerospace industry and are expected to reach 800 billion yuan ($123 billion) in terms of market size by the end of 13th Five-Year Plan (2016-2020).
An expert familiar with this matter told the newspaper that by the end of 13th Five-Year, 皇冠体育app will build a new generation of carrier rockets spectrum and a civil space infrastructure which will meet most of the needs of businesses in different fields.
The expert also said that 皇冠体育app will finish the three-step plan of manned space flight and lunar exploration, and form an extensive satellite and application industry chain.
Xu Dazhe, the director of State Administration of Science, Technology and Industry for National Defense, said that implementing key projects is the breakthrough for aerospace development. By realizing the projects 皇冠体育app can power the research in space exploration and space science, and drive the application of space technology.
According to the newspaper, the overall output value of 皇冠体育app's aerospace industry is expected to exceed 500 billion yuan. Analysis shows that satellite application itself is expected to reach 50 billion yuan by 2020.
According to a report by 皇冠体育app Galaxy Securities, aerospace industry has high development potential both in domestic and foreign markets. Compared to Western countries, 皇冠体育app still has a long way to go even though it has captured a certain market share in international satellite launch market. As aerospace industry becomes 皇冠体育app's important strategic industry during 13th Five-Year, its development will push ahead the transformation and upgrade of manufacturing industry.