At the beginning of the new year, China's commercial aerospace industry has made frequent movements. The Lihong-1 remote sensing spacecraft has completed the first 100 kilometer level suborbital parachute landing and recovery test in China's commercial aerospace industry. The Gushenxing-1 sea launched rocket and the Long March 12 carrier rocket have successfully launched satellites; More than half of the main construction of the second phase of Hainan Commercial Space Launch Site is expected to enter the equipment installation and commissioning stage after the Spring Festival; The establishment of China's first interstellar navigation academy... From technological innovation breakthroughs to industrial integration landing, the development of China's commercial aerospace industry has pressed the "acceleration button". The dual wheel drive of "policy+technology" has propelled China's commercial aerospace development into the "fast lane". In 2015, the "National Medium - and Long Term Development Plan for Civil Space Infrastructure (2015-2025)" was issued, which clearly encouraged social capital to enter the commercial launch field, and China's aerospace development officially began the commercialization process. The Central Economic Work Conference held in December 2023 proposed to develop several strategic emerging industries such as biomanufacturing, commercial aerospace, and low altitude economy. In October 2025, the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China approved the "15th Five Year Plan" proposal, which proposed to accelerate the development of strategic emerging industry clusters such as new energy, new materials, aerospace, and low altitude economy. A series of policy measures are resounding, outlining a blueprint for the development of China's commercial aerospace industry. Ten years of technological accumulation and surging innovation power. In 2025, China's commercial aerospace industry will experience comprehensive development, with 50 launches completed throughout the year, accounting for 54% of the total number of space launches. Among them, commercial launch vehicles were launched 25 times; There are 311 commercial satellites in orbit, accounting for 84% of the total number of satellites in orbit. Reusable carrier rocket technology accelerates breakthroughs, and Zhuque III completed its maiden flight using a reusable carrier rocket, achieving successful insertion of the second stage into orbit and conducting core technology verification such as re-entry and return of the first stage. Currently, commercial aerospace has become one of the main tracks for global technological competition and strategic games. Major countries are accelerating the research and deployment of low orbit giant constellations, promoting the accelerated iteration and upgrading of the commercial aerospace industry. At present, China's commercial aerospace industry has formed four major industrial belts, including the Beijing Tianjin Hebei region, the Yangtze River Delta region, the Greater Bay Area, and the western region. 28 distinctive commercial aerospace industry clusters have been established, and the industrial development framework has basically taken shape, with initial economies of scale emerging. It is worth noting that the popularity of commercial aerospace in the capital market has sharply increased. At the end of 2025, the Shanghai Stock Exchange issued guidelines, providing a clear path for commercial rocket companies to apply the fifth set of listing standards on the Science and Technology Innovation Board. During the same period, the IPO application of Blue Arrow Aerospace was accepted. On January 17th of this year, Zhongke Aerospace completed its listing guidance. At the same time, several leading commercial aerospace companies are intensively advancing their preparations for listing. At the recent biennial meeting of the venture capital reception room, industry insiders such as Chen Dong, partner of Yuanhang Capital, stated that China's commercial aerospace industry has formed a preliminary ecology under policy support and capital promotion. Currently, it is entering a new stage of large-scale application from technology verification to "Commercial Aerospace 2.0", and the industrial value will be further released. Technological breakthroughs and application scenario expansion grasp the new direction of commercial aerospace development. The industry believes that 2026 is expected to become the "boom year" of China's commercial aerospace industry. With the acceleration of the large-scale deployment of low orbit constellations, rockets will rapidly develop towards low-cost, high-capacity, and high-frequency launches. Recently, China Commercial Fire held its 2026 annual work conference, emphasizing the need to resolutely win the battle against the first flight and recovery of main rockets, and to make every effort to break through reusable technologies, demonstrating the firm confidence of the "national team" in breaking through reusable carrier rocket technology. In terms of private enterprises, at the recently held 2026 Beijing International Commercial Aerospace Exhibition, Blue Arrow Aerospace showcased the latest progress of private enterprises in the field of reusable launch vehicles, including the world's first continuously launched liquid oxygen methane rocket - the improved model of Zhuque-2, and the Zhuque-3 model, which has completed the first reusable rocket orbital stage launch verification in China's commercial aerospace industry. However, in order for China's commercial aerospace industry to achieve a breakthrough in "high reliability and low cost" scale, in addition to continuously tackling reusable liquid rocket technology, how to reduce the cost of rocket and satellite manufacturing is also a key factor. Wang Jingyan, partner of Kyushu Yunjian, stated that when commercial aerospace truly enters the industrial production stage, the core path to cost optimization is from raw materials to upstream and downstream supply chains, such as cross industry material and process transplantation, automated satellite production lines, etc. Cao Meng, Vice President of Aerospace Yuxing, believes that the development model of traditional aerospace has undergone significant changes, from the small batch customization of traditional aerospace products to the current "small step, fast run, fast iteration" model in the international commercial aerospace field. He suggested that technical validation and iterative optimization can be carried out simultaneously in the launch practice of carrier rockets, further accelerating the pace of commercial aerospace scale applications. In the field of satellite manufacturing, the large-scale deployment of low orbit constellations is accelerating the transformation of satellite manufacturing from "customized production" to "industrial mass production". By the end of 2025, the first flexible intelligent satellite production line in Jinan, Shandong will be put into operation, reducing the satellite manufacturing cost to 100000 to 200000 yuan per kilogram; Galaxy Aerospace relies on the digitalization and flexible production of satellite smart factories, shortening the satellite development cycle by 80% and achieving a breakthrough in annual production capacity of 100 1000 kilogram satellites. At the same time, the value of commercial aerospace is being unleashed through diverse application scenarios. In the future, with the acceleration of space resource utilization, commercial aerospace will deeply empower the development of related industries and serve the public's daily life. Applications such as SAR remote sensing, meteorological data, maritime and aviation communication, and mobile phone direct satellite connection will be the first to break through. Scenarios such as space tourism, space manufacturing, space energy, and space transportation will also move from "concepts" to "experiments". At present, companies such as Zhongke Aerospace and Deep Blue Aerospace have launched pre-sales of suborbital space travel projects, and it is expected to achieve the first manned flight in 2028, gradually realizing the dream of "space roaming". Several experts have reached a consensus on the development prospects of China's commercial aerospace industry, stating that it will enter the fast lane of the "Golden Decade". However, it is necessary to focus on addressing issues such as "upgrading to a higher level" and "strengthening and supplementing chains", and to support the construction of China's low orbit satellite constellation on higher technology platforms and larger industrial scales. Gradually, a new vision of "star sea" will be drawn from facility construction to ecological prosperity, from technological breakthroughs to industrial empowerment. (New Society)