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The Space Economy in Figures

How Space Contributes to the Global Economy

image of The Space Economy in Figures

The space economy is expanding and becoming increasingly global, driven by the development of ever-more governmental space programmes around the world, the multiplication of commercial actors in value chains, durable digitalisation trends, and new space systems coming of age. This report describes these emerging trends using new and internationally comparable data and indicators. It highlights the growing importance of space activities for the economy, for developing country strategies (based on original official development assistance statistics), for the pursuit of knowledge and scientific discoveries, and for society in general. To get the most out of space investments and promote sustained socio-economic growth, this report provides some recommendations to countries in building up their statistical evidence on space actors and activities.

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People’s Republic of China

Since its first successful launch in 1970, the People’s Republic of China (hereafter “China”) has extended its capabilities in all types of space activities. It is one of only three countries to have sent humans into orbit. While traditionally government-controlled, an increasing number of private actors are appearing in the sector. The China National Space Administration, under the Ministry of Industry and Information Technology, and the People’s Liberation Army (PLA) are responsible for civil and military space activities, respectively. Other important actors include the National Space Science Centre of the Chinese Academy of Sciences as well as the state-owned enterprises China Aerospace Science Technology Corporation (CASC) and the China Aerospace Science and Industry Corporation (CASIC).

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