国泰海通｜军工：我国商业航天事业有望驶入快车道——国家航天局印发《国家航天局推进商业航天高质量安全发展行动计划》事件点评

Core Viewpoint - The National Space Administration has issued a notification regarding the "Action Plan for Promoting High-Quality and Safe Development of Commercial Space (2025-2027)", emphasizing that commercial space is a crucial force in advancing the space industry and building a strong space nation. The commercial space sector in China is expected to enter a fast track of development due to recent favorable policies and industry dynamics [1][2]. Summary by Relevant Sections Policy and Development Initiatives - The action plan aims to achieve high-quality development of commercial space by 2027, focusing on enhancing innovation, efficient resource utilization, industry growth, and effective management services [2]. - Key initiatives include encouraging participation in civil space projects, supporting the construction of major testing platforms, and promoting the development of low-cost, reliable, and reusable commercial launch vehicles [2][3]. Government Support and Market Expansion - A series of favorable policies have been introduced to accelerate the scale development of commercial space, with the government highlighting commercial space in work reports for two consecutive years [3]. - The Ministry of Industry and Information Technology has initiated a two-year commercial trial for satellite IoT services, supporting the growth of commercial space and related industries [3]. Industry Milestones and Launch Readiness - The establishment of the Commercial Space Administration has been confirmed, with multiple commercial rockets expected to have their maiden flights within the year [4]. - The Beijing Blue Arrow Aerospace's Zhuque-3 rocket is in the final preparation stages for its first flight, while the Tianlong-3 rocket has successfully completed critical tests, enhancing domestic commercial launch capabilities [4].