The South China Morning Post reports that the Chinese government has introduced new regulations to govern the development of commercial space companies.
They require companies to obtain official permission before carrying out rocket research and development as well as production, according to a notice published on the web site of the State Administration of Science, Technology and Industry for National Defense on Monday.
The new rules also require a confidentiality system to be established among commercial rocket companies and asks them to follow state export control regulations when in doubt about whether they can provide overseas services and products.
The detailed regulations come as the number of private companies engaged in the commercialisation of China’s space industry increased to almost 100 in 2018 from 30 a year earlier, and as Beijing puts more emphasis on private sector involvement to boost its space ambitions.
“The specifics give clear direction for China’s commercial space industry, clarifying the qualifications, operational boundaries and national guarantees, which will be conducive to the sector’s healthy and orderly development,” Shu Chang, CEO of Beijing-based commercial rocket pioneer OneSpace Technology, was quoted as saying to state media Global Times on Tuesday.