On January 28, the Information Office of the State Council released the white paper “China’s aerospace in 2021”. Wu Yanhua, deputy director of the National Space Administration, said at the press conference of the state information office that in the next five years, China’s Aerospace will anchor the goal of building an aerospace power, promote the deep integration of space applications and digital economy, enrich application scenarios, innovate business models, and deepen the comprehensive application of communication, navigation and remote sensing information. Accelerate the transfer and transformation of space technology achievements to the economy and society, and cultivate and develop new forms of space economy such as space tourism, space biopharmaceutical and space breeding.
Liu Xiangdong, deputy director of the Economic Research Department of the China Center for international economic exchanges, told the Securities Daily that the transfer of Aerospace Hi-Tech Holding Group Co.Ltd(000901) to economy and society will meet the needs of more people to explore space and better transform technological achievements into practical productivity and commercial benefits. Therefore, promoting the application of new aerospace technology on the basis of being close to social needs will be favored by more investors, and the capital market can play a powerful financing function.
aerospace technology promotes the rise of new business forms
According to Wu Yanhua, in the past five years, the upgrading of launch vehicles has been accelerated, and commercial launch vehicles have been emerging, forming diversified launch capabilities on land and at sea. A total of 207 launches have been carried out, and the launch success rate of Long March launch vehicles is 96.7%. At present, there are more than 500 satellites in orbit, which widely serve economic and social development and play an important role in the construction of safe China, beautiful China and digital China. Communication satellites provide distance education, telemedicine, rural e-commerce and other services to more than 140 million families in rural and remote areas, helping to overcome poverty and revitalize rural areas. The cumulative distribution of remote sensing satellite images exceeded 100 million scenes, effectively ensuring the needs of meteorological forecast, land planning, ecological protection, marine economy, disaster emergency and so on. Beidou system is widely used in mass travel, smart logistics and precision agriculture, especially to provide precise positioning and navigation services for covid-19 pneumonia prevention and control. Aerospace technology has promoted the development of a large number of emerging industries such as new energy and new materials, and promoted the rise of new business forms such as smart city and unmanned driving.
“The contribution of the aerospace technology industry to the national economy is mainly through pioneering technical means to change the traditional production mode of many industrial sectors.” Chen Li, chief economist of Chuancai securities and director of the Research Institute, said in an interview with Securities Daily that the progress and achievements of the aerospace industry are composed of common breakthroughs in science and technology in the most basic fields of information, materials and energy. These cutting-edge science and technology are pioneering and can be applied to traditional industries or civil fields, To help improve production efficiency or create new value, it is also an important source of new materials and technologies needed by emerging industries.
Liu Xiangdong believes that over the years, China has accumulated first mover advantages in Aerospace Hi-Tech Holding Group Co.Ltd(000901) and its applications. It has the conditions to cultivate, develop and expand relevant industries, give full play to its characteristics of long industrial chain and large benefits, and increase the layout of industrial incubation and application scenarios on the basis of high investment, so as to give play to greater economic benefits and stimulate commercial value. In particular, we should cultivate and develop new economic formats and models such as space tourism, space biopharmaceutical and space breeding, promote the transformation of Aerospace Hi-Tech Holding Group Co.Ltd(000901) achievements, cultivate new drivers of economic development, and guide them to better support high-quality economic development.
use the multi-level capital market financing function
Addsino Co.Ltd(000547) requires high investment, and the benefits of aerospace and its applications are greater. Zhao Jian, director of the earth observation and data center of the National Space Administration, introduced at the aforementioned press conference that according to preliminary statistics, the input-output ratio can reach more than 1:10. The application of new aerospace technology has brought great changes to industrial development. The transformation of aerospace technology achievements has played an obvious role in promoting the development of national economy, promoting the development of intelligent transportation, new energy and new materials, and supporting the building of a moderately prosperous society in an all-round way.
\u3000\u3000 “At present, the leading role of aerospace technology radiation is increasing, the development momentum of related industries is good, and the development model has gradually formed an intensive and explosive growth of industrial applications. A new development pattern has been formed, such as the development of central enterprise groups radiating to local governments, local governments encouraging the aggregation and development of characteristic enterprises, and advantageous private capital participating in professional investment. Through commercial development, it will work with the government Government investment forms a joint force to further improve Addsino Co.Ltd(000547) efficiency. ” Zhao Jian said.
“The capital market is a financing platform that gathers social capital to support major undertakings. The development of the aerospace industry needs strong support from the capital market.” Tian Lihui, President of the Financial Development Research Institute of Nankai University, told the Securities Daily that new business forms of space economy can often form future rather than current cash flow, which requires fair valuation in the capital market, so as to optimize the allocation of resources and create a better future for mankind.
In Liu Xiangdong’s view, the financing function of multi-level capital market can be used to help the transfer and transformation of new aerospace technologies, support them to explore new space for application, and innovate new business development models, so as to improve the return rate of science and technology investment and capital investment.
