Beijing: China is preparing to build a new satellite town in Beijing as part of its efforts to strengthen its fast growing space industry and support private companies entering the sector.
The project is expected to be completed in phases, with the main construction scheduled to be ready in the second half of 2026. Officials say the new hub will bring together satellite makers, technology firms, research centres and investors in one place.
The plan reflects a major shift in China’s space programme. In recent years, commercial companies have taken on a bigger role, accounting for more than half of the country’s space launches. The government has encouraged private investment since opening parts of the industry to non state players over a decade ago.
Experts believe the new satellite town will help companies work more closely, share knowledge and reduce costs. It is also expected to speed up the development of new technologies such as satellite internet services and low earth orbit networks.
Several private firms have already made progress in the sector, developing rockets and launching small satellites. Many of these companies are now aiming to expand production and attract more funding as competition increases.
China’s push comes at a time when global interest in space is growing. The country is also working toward sending astronauts to the moon by 2030, showing its long term ambitions in space exploration.
The satellite town is seen as an important step in building a stronger and more independent space industry, while positioning China as a key player in the global space race.