China's first commercial space industry base officially started construction in Wuhan, capital city of central China's Hubei province, on April 24, 2017.
Three space enterprises, including the affiliated enterprise of China Aerospace Science & Industry Corp., signed with local government to settle in the base at the forum of China's Space Day.
According to the agreement, three projects relating to building centers for rocket assembly, battery protection materials and high-end iron core are expected to see substantial progress.
As the core project, the rocket assemble center will be built on an area of 450 mu with a total investment of 1.7 billion yuan for the first phase. It plans to establish an annual production capacity of 20 carrier rockets after completion.
Related:
At present, China is laying out three state-level industry bases in Wuhan, capital city of central China's Hubei Province, to develop memory, commercial space and new energy vehicle (intelligent connected vehicle) industries. >>more
(hubei.gov.cn by Ruan Xinqi)
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