Nation's 1st private rocket factory begins operation

The first privately owned carrier rocket factory in China, and the largest of its kind in Asia, recently began operations and is set to build what is expected to be the country's biggest privately designed rocket.

Zhang Changwu, founder and CEO of LandSpace, a rocket-maker in Beijing, said on Thursday that the factory in Huzhou, Zhejiang province, is currently being used to conduct technical tests of the company's newly developed TQ-12 rocket engine.

He said production of the engine and the ZQ 2 liquid-propellant carrier rocket will begin in 2019 at the factory, adding that the ZQ 2, which will be propelled by the TQ-12, is scheduled to carry out its first flight in 2020. Except for the Huzhou facility, all carrier rocket factories in China belong to State-owned space entities such as China Aerospace Science and Technology Corp.