SpaceWar.com reports: “A world-first launch from the far side of the Moon this week showcased China’s progress in space, and Beijing now wants its commercial sector to catch up to rivals such as Elon Musk’s SpaceX.

Chinese companies lag far behind American frontrunners led by SpaceX, which plans to launch Starship, a massive prototype rocket that may one day send humans to Mars, on Thursday.

The gap is narrowing, however, as Beijing realises the value a solid commercial sector can add to its existing capabilities, experts told AFP.

It could even become similar to the development of electric vehicles where EV pioneer Tesla, also founded by Musk, was an early mover in China but now faces fierce competition from a host of homegrown rivals, said analyst Chen Lan.

‘In five years, SpaceX may feel pressure,’ Chen told AFP…”