Chinese Billionaire Calls for Revamp of Commercial Space Policy

A Long March 3-B rocket lifts off with China’s Chang’e-3 lunar rover. (Credit: CAST)

The head of China’s largest search engine wants China to reform its space regulations.

Baidu Inc. Chief Executive Officer Robin Li, whose company is competing with Uber Technologies Inc. and Alphabet Inc.’s Waymo to commercialize self-driving technology, wants Beijing to take the lead in getting Chinese enterprises to collaborate on research and craft a regulatory framework. His proposal was included among a raft of others he will put forth at an annual meeting of regulators this week, in a wish-list that includes a dream of seeing a Chinese private space-exploration leader — a la Elon Musk’s SpaceX….

Li also lamented the state of China’s space industry. As with self-driving cars, he wants Beijing to enact policies to encourage private investment in rocket and satellite production and launch technology.

“We need to slowly resolve the current complexity of obtaining approvals, the closed nature of the market, the lack of competitiveness and other issues,” he wrote. “We need to attract talent and encourage innovation, to lift our nation’s aerospace industry’s competitiveness on an international stage.”

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