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IPFS News Link • China

China could triple space science spending and has several startup rocket companies as well

• http://www.nextbigfuture.com

There a push within China's government to triple spending on space science (from $700 million to $2.1 billion) as well as the emergence of a small but growing group of privately backed space start-ups suggest that both Chinese industry and government see long-term economic benefits in their investments in space technologies.

In 2016, China launched more rockets than Russia for the first time, equaling the 22 rockets launched by the United States. Included among those missions was Shenzou 11, which carried a crew of two to dock with China's Tiangong-2 spacecraft, a temporary orbiting space habitat serving as a stepping stone for a larger, permanent Chinese space station in the early 2020s.


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