China Space Goals: $Trillions in Revenue
China Space Economic Zone Source: Chinese Academy of Sciences - Far Side of Moon with Earth in the Distance Trillions of Dollars at Stake In 2020, China secured a leadership role in space exploration. It made the first landing on the far side of the Moon with Chang'e-5Ti, its mission service module. Since that space milestone, China has stated that it wants to establish a "Space Economic Zone" between the Earth and the Moon. From mining minerals to establishing in space solar power, the zone is projected by Chinese officials to be capable of generating $10 Trillion a year for China by 2050. Specific Goals News of China's goals and intent came in a speech given by a top official with China Aerospace Sciences and Technology (CASC), which is China's main, state-run space contractor. To reach its space goals, China intends to develop low cost launch and space vehicles to exploit the economic potential of space. CASC wants breakthrough space tr...