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China increases investment in emerging private space industry

10 October 2018
China is upping bets on private space companies, leading among countries expanding market share in the nascent industry during the third quarter, according a report from Space Angels, an investing firm specializing in private space ventures.
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related: Jack Ma hails prospect of technology in Asia
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CASC makes a mark in the global arena

12 October 2018
The success of China Aerospace Science and Technology Corp (CASC) in the global space arena during the past four decades is rich testimony to the success of China's reform and opening-up policy since late 1978. The Beijing-headquartered, State-owned space and defense giant now has more than 170,000 employees, eight large academies and a dozen listed companies. It was ranked 343rd in the Fortune Global 500 list in 2018, making it the fourth largest aerospace enterprise in the world by revenue after Boeing, Airbus and Lockheed Martin.
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China's theme park Mars simulation base debuts in northwestern Gobi Desert

13 October 2018
China's Mars simulation base for public outreach made its first public appearance on 12 October along with the launch of the country's "Space Plan C," a project of space education for teenagers. The base is located in the Gobi Desert, 40 kilometers outside the city of Jinchang, northwest China's Gansu Province. The unique landform and red rocks make the area a perfect place for tourists to experience the red planet on the Earth. There are nine cabins in the base, including airlock cabin, general control cabin and biopak, which restore the visionary simulation aspects on Mars.
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China to launch first satellite for space-based gravitational wave detection next year

14 October 2018
China plans to launch its first satellite to test the technologies of the space-based gravitational wave detection program "Tianqin" by the end of 2019. The programme Tianqin, meaning "harp in sky," was initiated by Sun Yat-sen University in south China's Guangdong Province in 2015. It will consist of three satellites forming an equilateral triangle around the earth.
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