Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
China’s AI Chip Leaders Ride IPO Wave Amid Drive for Tech Self-Sufficiency
Huawei’s Ren Downplays Chip Shortage, Touts AI for Industrial Value
LATEST
Huawei’s Ren Downplays Chip Shortage, Touts AI for Industrial Value
China’s AI Chip Leaders Ride IPO Wave Amid Drive for Tech Self-Sufficiency
Tsing Micro Raises Over 2 Billion Yuan in State-Backed Round as China Ramps Up AI Chip Push
Synthetic Biology at Scale Could Reshape Food and Materials Systems, Expert Says
ByteDance in Talks With Smartphone Makers to Embed AI Assistant
Lenovo Executive Urges AI Startups to Take On Tech Giants
Infinigence AI Raises 500 Million Yuan to Expand Heterogeneous Computing Platform
Alibaba’s Quark Unit Launches AI Glasses Powered by Qianwen Model
Pony AI Plans to Triple Robotaxi Fleet to 3,000 by 2026 as Revenue Jumps
China’s Semiconductor Software Push Gains Traction Amid U.S. Curbs
Alibaba Scales Back Retail Spending, Dismisses AI Bubble Fears
Huawei Slashes Flagship Phone Price Amid Slowing Shipments
China’s CXMT Takes Aim at Global Leaders With High-End DDR5 Memory Chips
Alibaba’s Profit Plunges 72% on Costly Foray Into Instant Retail
Xiaomi, Founder Stem Stock Rout With $115 Million Buyback
Analysis: Soaring Legacy Chip Prices Spark Windfall — and Risk — Across Supply Chain
Alibaba, Ant Race to Catch Rivals in China’s AI App Boom
New Flight System Targets ‘Blind Spots’ in China’s Low-Altitude Economy
Cover Story: The AI Boom’s Unsettling Paradox
AI Keeps China, U.S. From Decoupling Despite Trade Tensions, Insiders Say

By Runhua Zhao / Dec 25, 2018 06:30 PM / Business & Tech

Photo: VCG

Photo: VCG

After the successful launch of a communications satellite Tuesday, China has completed 37 space launches in 2018 – surpassing the U.S for the first time ever in terms of annual orbital launches.

The satellite was carried by a ‘Long March’ rocket, the model that serves most of China’s space missions.

China Academy of Launch Vehicle Technology (CALVT), the driving force behind the launches, attributed its success to the strategy it created 2014, which prioritized rockets that served multiple functions. The approach was seen as a way to accelerate space tech progress to catch up with other major powers, including the U.S, with rich space programs.

Most notably, 2018 saw China launch moon explorer Chang’e-4 into space not long after sending two new satellites dedicated to the country’s homegrown navigation system, Beidou, into orbit in November.

Related: Investors See Stars in China’s Space Startups

Share this article
Open WeChat and scan the QR code