[Jiangsu: Support Industry Leaders in Rocket and Satellite Systems, Satellite Payloads and Other Fields to Tap Capital Markets and Accelerate the Pace of Listings]

Published: Aug 14, 2026 15:08

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The "Jiangsu Province Three-Year Action Plan for High-Quality Development of Commercial Aerospace (2026-2028)" was issued. The plan proposed promoting the leapfrog development of enterprises. It supported industry leaders in rocket and satellite system integration, satellite payloads and other fields to engage with capital markets and accelerate the pace of listing. It supported core supporting enterprises in TT&C and communication payloads, satellite laser communications, satellite power supply systems and other areas to grow into single-item champion enterprises and specialized, refined, distinctive and innovative "little giant" enterprises. It proposed cultivating a group of innovative small and medium-sized enterprises in satellite application services, new aerospace materials, basic components and other fields; establishing working mechanisms. It proposed forming a provincial special task force for the development of the aerospace industry, strengthening interdepartmental coordination, and actively seeking policy support from national ministries and commissions in areas such as launch license approval, coordination of frequency and orbital resources, constellation operation qualifications, and major project approval.

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