CASIC has been actively promoting the development of the commercial aerospace. It has built a complete independent R&D and production system of the aerospace industry covering launch vehicles, satellite platforms, payloads,satellite test and operation control, and space information applications, establishing an independent and innovative development path. The solid launch vehicles Kuaizhou-lA and Kuaizhou-11 have successfully completed 17 launch missions, initially forming a normalized launch capability. The Phase I project of Rocket Industrial Park in Wuhan National Aerospace Industrial Base has the production capacity of 20 solid launch vehicles per year, and the Phase I project of the Satellite Industrial Park has the production capacity of 100-200 small satellites per year, focusing on building a resource-intensive, open and shared commercial aerospace industry ecology.