According to CCTV, on the morning of July 6, a groundbreaking ceremony was held for the Hainan Commercial Space Launch Site project in Wenchang, my country’s first commercial space launch site. The project, invested and constructed by Hainan International Commercial Space Launch Co., Ltd., will become another major landmark project for Hainan to serve and integrate into the aerospace power strategy and actively embrace the new wave of aerospace industry reform. Hainan International Commercial Space Launch Co., Ltd. is jointly funded and established by the Hainan Provincial Government, China Aerospace Science and Technology Corporation, China Aerospace Science and Industry Corporation, and China Satellite Network Corporation. Earlier, China Business News reported that this commercial space launch site is expected to achieve normalized launch in 2024 to solve the current shortage of commercial space launch resources in my country and promote the high-quality development of the industry. The existing Hainan Wenchang Launch Site is an important space launch base in my country. A series of important launches, including the lunar exploration project, were completed at the Wenchang Launch Site. Wenchang has a low latitude and is close to the equator, and the carrying capacity of the rocket will be improved. Therefore, geosynchronous orbit satellites and lunar exploration projects have all chosen to be launched at the Wenchang launch site. .
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