"How should we view China's lunar landing and its plan to build a base on the moon?"

"Thanks for the invitation. Landing on the moon is nothing new; it's not the first time."

The combined number of moon landings by America and China is almost an even number.

A lunar base is a completely new concept in reality; it previously only existed in science fiction literature.

As early as 1904, China had a science fiction work called "The Lunar Colony," which depicted the scenario of human colonization on the moon.

The author of that time probably couldn't have imagined that more than a hundred years later, China would be the first country to build a base on the moon, ushering in a true era of interstellar colonization.

Of course, there is no life on the moon, which is not the same concept as colonization in the last century.

Humanity has only just begun to truly venture into space; from this moment on, human investment in space can be converted into income.

The income here refers to resources brought back from space, utilizing space in the universe, etc.

Rather than the revenue generated from the civilian application of aerospace technology.

It was very exciting to witness this historic event firsthand.

China's aerospace industry has truly faced numerous challenges. Despite having a budget far less than that of America, it has achieved catch-up in most areas and even surpassed it in some others.

Many bloggers with aerospace expertise have explained the technical aspects in detail in other answers, so I won't embarrass myself by offering my own explanation here as someone outside the industry.

I'd like to discuss the significance of a lunar base from the perspective of commercial spaceflight.

First, we can see that Musk has already posted on Twitter that he will reach a cooperation agreement with SpaceX in the future, and SpaceX will launch a lunar tourism plan.

Whether SA will cooperate with him remains to be seen, but this incident shows that the future profitability prospects of commercial spaceflight are gradually becoming clearer.

Over the past five years, SpaceX's space tourism revenue has grown by more than 100% annually, and nearly fifty tickets for the space station tour, each costing 350 million RMB, have already been sold.

Countless tickets for the regular space shuttle have been sold.

Companies like Bezos' Blue Origin and Branson's Virgin Galactic have generated over 10 billion RMB in revenue in the private space sector.

One of the profit drivers for commercial spaceflight is tourism. The environment where the rich get richer cannot be fundamentally changed, so private spaceflight, with its high prices, will only become more and more popular.

Especially given the current economic stagnation and declining investment returns, the wealthy are less enthusiastic about investing and are more focused on ensuring their principal slightly outpaces inflation.

Given this premise, wealthy people place greater emphasis on personal experience and feelings, which is one of the key reasons for the booming popularity of private spaceflight in recent years.

China also has its own private space companies, but most of these companies are intermediaries, much like travel agencies.

There are currently no companies that truly develop their own spacecraft and then use those spacecraft for private spaceflight.

This is because most of the technical personnel in China's aerospace field are concentrated in SA, and very few flow into the commercial aerospace field, making it impossible to form a complete force.

Domestic commercial aerospace companies mostly rely on projects outsourced by SA (Service Provider) and primarily make a living as technology suppliers for other companies.

There are very few truly private enterprises.

Of course, there are still some excellent commercial aerospace companies in China, many of which are listed on the Science and Technology Innovation Board.

The leading company in the field, Aerospace Ruite, has developed a completely different approach from traditional vertical recycling and has secured a large order from SA.

Chinese companies are mostly scattered across various sub-sectors of aerospace, and there are no companies like SpaceX that integrate their technologies.

It can be said that the most important goal of domestic commercial aerospace companies is to serve service providers (SAs), who then secure orders.

That said, the success of China's lunar base will only encourage other countries to increase their investment in the space sector.

Space mining will gradually become a reality in the future.

Blue Star may gradually become purely habitable, while other planets in the solar system will become the source of Blue Star's material.

Space mining is not far from us, and large-scale space mining is within our lifetime.

The abundance of resources in the future will usher in the next golden age.

In my view, the explosion of aerospace technology is an opportunity no less significant than the internet revolution.

However, China needs to improve its regulations in this area, clarifying the entry conditions, code of conduct, legal responsibilities, and rights of market entities.

And in the process of implementation, policies, laws and regulations are continuously improved.

The commercial space sector needs to stimulate the enthusiasm of private enterprises.

I don't have any objections to SA or state-owned enterprises in the aerospace field, but aerospace requires innovation and a certain degree of tolerance for error.

The nature of state-owned enterprises makes them naturally inclined to be conservative. If we are only conservative, we can only repeat the path taken by America in the field of technology.

In that case, why not let private enterprises, which are able to tolerate failure and accept risks, take on the heavy responsibility of exploring the forefront of technology?

To gain a leading edge in the future aerospace field, simply catching up is not enough.

Despite various criticisms on the Chinese internet, Musk's SpaceX has indeed pushed the integration of commercial spaceflight technology to an extraordinary level.

In the field of rocket launches, SpaceX has captured more than 80 percent of the market.

Russian space program, which previously relied on its low-cost advantage to secure a large number of commercial orders, now has a market share of less than 10%.

It's worth noting that fifteen years ago, Russia held over 50% of the market share in commercial launch orders.

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