As Earth is apparently too small for China’s economic ambitions, the country is considering developing commerce beyond our planet and wants to create an economic zone in space by 2050.

The new zone will cover areas of space near Earth, the Moon, and in between. The project could bring in around $10 trillion for China.

Bao Weimin, the head of the science and technology commission at the China Aerospace Science and Technology Corporation (CAST), revealed last week, that the agency is the main contractor for this national space program.

The basic technology is set to be finished by 2030, while the key transport technology is expected to be created by 2040. By the middle of the century, China could successfully establish the space economic zone.

China has been rapidly developing its space sector and studying the Moon in recent years. China launched its Chang’e 4 probe, successfully landing its lunar rover on the far side of the Moon on January 3, 2018.

RT. com / ABC Flash Point News 2019.

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