Commercial space center to take off
By Zhao Lei | China Daily | Updated: 2017-04-25 07:34
Construction starts on first base for privately financed projects
Construction began on Monday on China's first commercial space industry center in Wuhan, capital of Hubei province.
The Wuhan National Space Industry Base aims to attract at least 100 enterprises involved in the space industry before 2020 and generate 30 billion yuan ($4.36 billion) in annual gross product by then, according to China Aerospace Science and Industry Corp, the main investor. The center will occupy 68.8 square kilometers in Xinzhou district.
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