China plans to develop more “space+” future industries through collaboration involving multiple resources of commercial spacecraft launch and application, according to industry insiders attending the Commercial Spacecraft and Application Industry Chain Collaboration Action Conference.

At the Commercial Spacecraft and Application Industry Chain Collaboration Action Conference held in Shanghai on Thursday, the China Aerospace Science and Technology Corporation (CASC) released major supply and demand information for China's commercial aerospace sector in the next five years.

As the primary state-owned contractor for the Chinese space program, the CASC said it will plan and promote development in new fields including space tourism, digital-intelligent space infrastructure, space resource utilization, and space traffic management, aiming to develop more "space+" application scenarios during the 15th Five-Year Plan period (2026-2030).

Among the over 400 guests attending the meeting were representatives from research institutes, financial institutions and companies from all aspects of the commercial aerospace industry chain such as rocket and satellite manufacturing, and application scenarios.

"We are focusing more on the release of supply and demand information, which is actually crucial for the collaborative development of the entire industrial chain. We want to make some contributions and the entire company is currently making strategic arrangements in this regard," said a company representative at the meeting.

"We mainly focus on rocket and satellite manufacturing, and the export of the products," said another meeting attendee.

China will basically complete the low-Earth orbit constellation and see gradual improvement of reusable technology, according to a vision report on the development of China's commercial aerospace industry for the 2026-2030 period released at the meeting.

Communication signals will fully cover remote areas and the Tiantong and BeiDou terminals will serve communication and navigation for areas in oceans and deserts, said the report.

China is advancing its satellite capabilities with the BeiDou Navigation Satellite System (BDS) for global positioning and the Tiantong-1 satellite system for mobile telecommunications.