- Wuhan National Aerospace Industry Base begins construction
April 24 marks the second China Aerospace Day. On that day, the construction for Wuhan National Aerospace Industry Base started in the Yangluo Economic Development Zone.
China Aerospace Science and Industry Rocket Technology Co., Ltd. is China's first professional rocket company for R&D and application based on its business model. It has invested RMB 1.7 billion in the construction of its general assembly and control center for carrier rockets which will be located inside the industry base. The company plans to put the center into operation next year and is expected to achieve an annual output value of RMB 1.5 billion in two years after it begins operation.
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