In 2015, China outlined its Made in China 2025 plan which would make the country a “world manufacturing power” within a decade. The aerospace equipment industry would be a significant factor in this plan to ramp up the country’s production power, as China also wanted to become a leader when it comes to satellite technology. In 2017, the C919 passenger jet—a domestically produced Chinese airplane—also completed its very first long-haul flight, a clear reflection of the sort of breakthroughs that the Made in China 2025 plan aims to promote.

But the development of the country’s aerospace industry—which was worth RMB 341.26 billion in 2015 (equivalent to just over $53 billion) according to Statista—could have more implications than just establishing China as a manufacturing superpower.

This industry, which is “concerned with both aviation and space flight,” according to its definition, could also be used for social good.

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Kenny Au

Kenny Au is the co-founder of LUXSENS. He writes about AI, blockchain, security, and sustainability. Kenny thinks about ways to build awareness, self-governance, and collective consciousness.