Jiangsu Unveils Three-Year Commercial Space Strategy Aiming for 60 Billion Yuan Industry Value

Jiangsu province has issued a major three-year development blueprint designed to rapidly expand its commercial space industry, targeting an annual output value of 60 billion yuan ($8.4 billion) from key enterprises by 2028. The directive, titled the “Jiangsu Province Action Plan for High-Quality Development of Commercial Space (2026–2028),” outlines an ambitious industrial roadmap across rocket manufacturing, satellite constellation construction, advanced materials, and orbital computing. Under the plan, the eastern coastal province aims to establish up to two provincial-level manufacturing innovation centers, build out testing and validation capabilities, and deploy roughly 50 commercial space application scenarios. The policy specifically targets technical…