As global attention turns once again to the stars, the rapid growth of commercial space ventures is reshaping the industry landscape. Shanghai, a hub of innovation, is embracing this transformation with concrete actions. The city recently unveiled its "Rocket City" development plan during the Commercial Spacecraft and Application Industry Chain Conference held at the Hongqiao Convention Center in Minhang District.
The initiative aims to establish a commercial aerospace industrial cluster, supporting China's broader ambitions to become a leading space power. The project signals Shanghai's commitment to fostering technological advancement and economic growth in the emerging space sector.
Strategic Framework for Future Growth
The conference released three pivotal documents outlining the roadmap for commercial space development:
• The "15th Five-Year" China Commercial Space Industry Development Vision Report projects strategic objectives for the next five years.
• The "15th Five-Year" China Commercial Space Major Supply and Demand Information provides market guidance for companies across the industry chain.
• The "15th Five-Year" Commercial Spacecraft and Application Industry Chain Standard System establishes foundational regulations for standardized industry growth.
Officials also presented a policy interpretation of the "Action Plan for Promoting High-Quality and Safe Development of Commercial Space (2025-2027)," emphasizing the dual priorities of safety and sustainable expansion.
Policy Support and Ecosystem Development
Shanghai and Minhang District governments detailed supporting policies for commercial space enterprises, indicating strong institutional backing for the Rocket City project. The measures are designed to attract companies, accelerate technological innovation, and expand practical applications within the sector.
The city's approach focuses on building a comprehensive industrial ecosystem, positioning Shanghai as a key contributor to China's commercial space ambitions. The initiative reflects broader trends of increasing private sector participation in space exploration and technology development worldwide.