Aerospace industry
Current Status
An important part of China's space map
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With its unique location advantage, Hainan has become China's best satellite launch site.
Launching satellites near the quayside is already a consensus among space powers. Hainan is the only region in
China that has this condition.
Wenchang Space Launch Site is China's most competitive site for commercial space launches. As
the only low-altitude coastal launch site in China, Wenchang Aerospace Launch Site is responsible for a series of
major aerospace projects such as deep space exploration, manned moon landing, and transportation between
space and earth.
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Aerospace core industry: key technology
experiments, engineering technology research, R&D and
production of infrastructure equipment, and applied
aerospace technology.
“Aerospace +” extended industries: aerospace big
data application services, Smart Hainan, aerospace life
sciences, aerospace technology exhibitions and
transactions, aerospace tourism, etc.
Tech support industry: new generation information
industry, high-tech, new infrastructure construction.
Service support industries: tech services, cultural
innovations, business services, financial services, tourism
services, and shared economy.
Development Direction
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Hainan will become a major scientific and
technological innovation base in China's
aerospace industry under the free trade port
strategy.
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Formulate an industry structure of aerospace,
satellite, and remote sensing in Hainan with
Wenchang Space Launch in the North and
Sanya Satellite Application in the South, and
build a commercial aerospace industry chain.
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New Opportunities
for FTP Investment
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Zero tariffs on space equipment. In order
to reduce the operating cost of enterprises,
Hainan will take the lead in zero-tariff import
and export of various commodities used in
space equipment.
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Encourage foreign investment in the
construction of Wenchang International
Space Town.
The industrial service platform is
continuously improved. In the future,
Hainan will build a platform for the opening up
and development of aerospace technology and
international cooperation.