Chinese Space Sector Continues World-Leading Post-Covid Rebound: Euroconsult Quarterly Report
May 11, 2021 By Editor
The Chinese space sector has seen rapid commercialisation over the past 7 years, with well over 100 companies established and around ¥40B (US$6.5B) raised by commercial space organisations. While still only representing a small percentage of the US$35B in annual revenues of the country’s state-owned space industry giants, the figures are rising and support for commercialisation is accelerating in the Middle Kingdom.
Paris, Washington D.C., Montreal, Yokohama, 11 May 2021 – Following a record year for commercial space funding in China, and with 2021 showing further significant year on year growth, leading international consulting and market intelligence firm Euroconsult have announced a new quarterly market intelligence report dedicated to providing the latest news, expert analysis and insights into the lucrative Chinese space market.