China space tourism prospects boosted by cooperation agreement
07/14/2022|12:14:54 PM|Reuters

A Chinese space tech company said on Wednesday it had signed a cooperation agreement with the country's largest state-owned travel corporation, the latest sign that the arrival of a domestic "space tourism" industry is near.

CAS Space signed a strategic cooperation agreement with a wholly-owned subsidiary of Hong Kong-based travel industry giant China Tourism Group, pledging to "jointly promote the application of commercial space technology and create a new space economy such as space tourism," according to a statement published on CAS Space's official WeChat account.

"Both parties will...make positive contributions to (helping) China progress from a big space power to a strong space power," CAS Space chairman Yang Yiqing was quoted as saying.

Yang also told state-run media outlet China Daily in an interview on Wednesday that the company would start to conduct sub-orbital test flights next year. Only after a dozen of these trips would the company open its space tourism services to the wider public, he said.

Yang's announcement that test flights will start in 2023 suggests China's domestic space tourism industry is gradually catching up with its western counterparts. Only in the past few years have Virgin Galactic and SpaceX successfully completed their first launches.

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