Beijing has positioned itself at the forefront of commercial aerospace innovation with the official promotion of its groundbreaking ‘Rocket Street’ project during a high-profile industry conference held Friday at E-Town. The event, themed ‘Harnessing Forces to Develop the Aerospace Industry,’ brought together government officials, research institutions, leading enterprises, and financial representatives to chart the sector’s technological transformation.
The conference showcased significant developmental milestones, including the announcement of nine major production-capacity projects, six satellite programs, and the establishment of six specialized industrial platforms under the Rocket Street initiative. These revelations coincided with the presentation of strategic opportunities anticipated during China’s 15th Five-Year Plan period (2026-2030).
Ma Chao, Deputy Director of the Robotics and Intelligent Manufacturing Industry Bureau at the Beijing Economic-Technological Development Area, emphasized the conference’s role in expanding industrial development space and strengthening sector support through shared platforms. ‘This gathering significantly boosts new productivity and reinforces confidence in our industry’s development trajectory,’ Ma stated.
Corporate participants expressed strong appreciation for E-Town’s comprehensive ecosystem, which includes targeted policies, robust industrial infrastructure, and enhanced synergistic capabilities. Xia Dongkun, Executive Vice-President of Galactic Energy—a prominent commercial aerospace firm with research and development facilities in the area—noted: ‘The district provides precisely calibrated policies covering talent acquisition, investment facilitation, and insurance solutions. The shared platforms substantially improve industrial coordination, operational efficiency, and financial capacity.’
In a notable development, Galaxy Space co-founder Liu Chang revealed plans to establish a massive satellite manufacturing facility in Beijing with an annual production capacity of 500 satellites. This installation would represent China’s largest mass-production center for low Earth orbit satellites, incorporating advanced technologies including intelligent driving systems and embodied intelligent robots.
The 145,000-square-meter Rocket Street complex has completed final inspections and is now transitioning to operational status, cementing its position as the nation’s premier commercial space research and production base.