China’s aerospace industry continues to make significant strides towards high-quality development, as reported by “Xinwen Lianbo” on January 20. The report highlighted several key developments in the aerospace sector, including a high-density launch of major aerospace projects, the total number of 5G base stations in the country reaching 3.377 million, and the completion of the main structure of the west extension of Shanghai Rail Transit Line 17.
The report stated that China’s number of space launches is expected to hit a new high this year. Several major aerospace projects, such as manned spaceflight and the fourth phase of lunar exploration, are set to be launched one after another. Additionally, the report noted that China’s space station is expected to complete the launch of two cargo spacecraft and two manned spacecraft. An example of a major aerospace development was the successful launch of the Kuaizhou-1A rocket and the vertical return test of a reusable rocket.
In the realm of 5G technology, the report highlighted that China has built a total of 3.377 million 5G base stations and that more than 80% of administrative villages across the country have access to 5G. The report also mentioned that China continues to lead the world in the number of essential patents declared for 5G standards and will further promote research and development reserves such as 5G lightweight and 6G technology.
Furthermore, the report brought attention to the establishment of the National Heavy Rain Research Center and the completion of the main structure of the west extension of the Shanghai Rail Transit Line 17, which will provide transportation convenience for nearby science and technology enterprises.
On the financial front, the report mentioned that the total assets of China’s rural small and medium-sized banks have reached 55 trillion yuan, accounting for 14% of the total assets of the banking industry. The report also highlighted that my country’s logistics market will resume growth in 2023, with the annual express delivery business volume reaching 132 billion pieces, ranking first in the world for ten consecutive years.
The report also noted an improvement in the ecological environment, with the first observation of a red-crowned crane, a national first-level protected animal, in the wild in Fuzhou, Fujian. This discovery represents a positive step forward for biodiversity conservation in the region.
Overall, the “Xinwen Lianbo” report suggests that the “new engine” of technology, including advancements in aerospace, 5G, and infrastructure engineering, is playing a significant role in driving China’s high-quality development, and will continue to boost economic operations in the country.