Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
TCL Tech to Buy Back Panel Unit Stake for $1.3 Billion
Optical Interconnect Maker Lightelligence Files for Hong Kong IPO
U.S. Chipmaker Onsemi Doubles Down on China With New Shanghai Headquarters
LATEST
TCL Tech to Buy Back Panel Unit Stake for $1.3 Billion
CAS Space Seeks IPO as China’s Reusable Rocket Race Heats Up
U.S. Chipmaker Onsemi Doubles Down on China With New Shanghai Headquarters
Optical Interconnect Maker Lightelligence Files for Hong Kong IPO
CAS Space Launches Reusable Rocket in China’s Satellite Push
DeepSeek Goes Out for 10 Hours Amid China’s AI Demand Surge
OpenClaw Craze Is Driving Next Phase of AI Development, Insiders Say
China, South Korea Robotics Firms Explore Embodied AI Cooperation
Analysis: Meta’s Manus Deal Faces Scrutiny in China Over Tech Exports, Antitrust Concerns
Chinese GPU Maker MetaX Doubles Revenue Amid Push for Domestic Chips
Kuaishou Ramps Up AI Commercialization as Kling Revenue Hits $150 Million
Alibaba Launches AI Agent for Small Businesses With International Ambitions
China Telecom to Boost AI Spending Amid Capex Cut and Slowing Growth
Siemens Unveils 26 China-Made Products in Industrial AI Push
Alibaba’s Qwen Launches AI Ride-Hailing Feature to Rival Didi
AI Agents to Reshape Global White-Collar Economy, Alibaba Chairman Says
China Opens First National Testing Center for Flying Cars
Tencent Folds AI Lab Into Hunyuan Team in Major AI Overhaul
Unitree Robotics Files for $608 Million STAR Market IPO
Xiaomi Unveils Trio of Large AI Models in $8.7 Billion Bet

By Runhua Zhao / Dec 25, 2018 06:30 PM / Business & Tech

Photo: VCG

Photo: VCG

After the successful launch of a communications satellite Tuesday, China has completed 37 space launches in 2018 – surpassing the U.S for the first time ever in terms of annual orbital launches.

The satellite was carried by a ‘Long March’ rocket, the model that serves most of China’s space missions.

China Academy of Launch Vehicle Technology (CALVT), the driving force behind the launches, attributed its success to the strategy it created 2014, which prioritized rockets that served multiple functions. The approach was seen as a way to accelerate space tech progress to catch up with other major powers, including the U.S, with rich space programs.

Most notably, 2018 saw China launch moon explorer Chang’e-4 into space not long after sending two new satellites dedicated to the country’s homegrown navigation system, Beidou, into orbit in November.

Related: Investors See Stars in China’s Space Startups

Share this article
Open WeChat and scan the QR code