This article by Nina Xiang originally appeared on China Money Network, the best data intelligence platform tracking China’s tech and venture capital markets (access requires subscription).

Even though private rocket startups in China have only started to emerge in the past three to four years, their nascency is not stopping these companies from dreaming big.

For one, Beijing Deep Blue Aerospace Technology, a startup that was founded in 2017 and secured an angel round led by Shunwei Capital this January, wants to achieve major milestones in less than half the time it took Elon Musk to do so.

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