Rocket Street project located in the Beijing Economic and Technological Development Zone (referred to as "Yizhuang") in southern Beijing will start construction in April. China's commercial aerospace industry has developed for nearly 10 years.

Beijing is the birthplace of China's aerospace industry, and it is also the birthplace and main position of China’s commercial Aerospace industry. The number of private rocket development companies in the country accounts for more than 75%, and has achieved many "firsts" in the commercial aerospace field.