China Aerospace Science and Industry Corporation

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China Aerospace Science & Industry Corporation Limited
Native name
FormerlyChina Aerospace Machinery and Electronics Corporation
TypeState owned company
IndustryAerospace, Defense, Automotive, Electronics, Telecommunications, Information Technology, construction & Infrastructure
PredecessorChina Aerospace Corporation
FoundedJuly 1, 1999; 22 years ago (1999-07-01)
Area served
Key people
Gao Hongwei (Chairman)
Li Yue (President)
ProductsSatellite communication, missiles, radars, special vehicles, engines
RevenueUS$34.07 billion[1] (2017)
US$1.60 billion[1] (2017)
Total assetsUS$44.27 billion[1] (2017)
Number of employees
145,987[2] (2017)
China Aerospace Science & Industry Corporation
Simplified Chinese中国航天科工集团公司
Traditional Chinese中國航天科工集團公司

The China Aerospace Science & Industry Corporation Limited (CASIC) is a Chinese state-owned enterprise that designs, develops and manufactures a range of spacecraft, launch vehicles, strategic and tactical missile systems, and ground equipment. Recent commercial aerospace projects include Feiyun (F-Cloud), Kuaiyun (K-Cloud), Xingyun (X-Cloud), Hongyun (H-Cloud), Tengyun (T-Cloud) and T-Flight (Supersonic Train System). CASIC has contributed to national projects such as crewed spaceflight and lunar exploration.[citation needed]

CASIC is the largest maker of missiles in China.[3]


First established as the 5th Academy of the Ministry of Defense in October 1956, it went through numerous name changes including the Ministry of the 7th Machinery Industry, the Ministry of Aerospace Industry, the Ministry of Aviation and Aerospace Industry, China Aerospace Corporation, China Aerospace Machinery and Electronics Corporation in July 1999, and finally the present name China Aerospace Science & Industry Corporation in July 2001. CASIC owns seven academies, two scientific research and development bases, six public listed companies, and over 620 other companies and institutes scattered nationwide, with more than 145,987 employees.[2]

Premier Li Keqiang inspected the company in April 2017, visiting its headquarters in Beijing.[4] In 2017 (fiscal year), the total assets of CASIC was US$ 44.27 billion, Revenue was US$34.07 billion, and profit was US$1.60 billion.[5]

From 2011 onwards CASIC has supplied North Korea with 16-wheel and 18-wheel transporter erector launchers in support of North Korea's ballistic missile/nuclear program.[6]

U.S. investment prohibition[edit]

In November 2020, Donald Trump issued an executive order prohibiting any American company or individual from owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included CASIC.[7][8][9]


CASIC is the biggest missile weapon system developing and manufacturing enterprise in China. It is known for developing, researching and manufacturing air defense missile systems, cruise missile systems, solid-propellant rockets, space technological products and other technologies with products covering various fields of land, sea, air, and electromagnetic spectrum. CASIC has provided dozens of advanced missile equipment systems for various nations, and contributed to Chinese crewed space flight, lunar exploration and other Chinese national projects.[2][10]

CASIC engages in strategic industries concerning national security.[11] The company has established an R&D and production system for air-defense missile weapon system, as well as solid launch vehicles and space technology products, covering “land, sea, air, space, network and electromagnetism”.

In early 2019 it was reported that CASIC had developed a "road-mobile laser defense system called the LW-30, which uses a high-energy laser beam to destroy targets." CASIC also introduced the "CM-401 supersonic anti-ship ballistic missile."[3]

Partnerships and joint ventures[edit]

On September 5, 2013, the G20 summit was held in Saint Petersburg, Russia. China's Paramount Leader Xi Jinping and Russia's president Vladimir Putin witnessed the signing of strategic cooperation agreement between CASIC (Gao Hongwei: chairman of CASIC) and Rostec.

In recent years, CASIC established an industrial Internet cloud platform—INDICS - which supports intelligent transformation, collaborative manufacturing and cloud manufacturing and wis devoted to “information exchange, resource sharing, capability coordination, openness, cooperation, mutual benefit and win-win cooperation”.

On May 30, 2016, CASIC and Siemens signed a memorandum of understanding to establish a working team based on Made in China 2025 and German Industry 4.0 to establish strategic partnerships in the fields of industrial Internet and intelligent manufacturing. Siemens was devoted to electrification, automation, digitization, and creating an open IoT operating system based on the cloud platform.

On July 5, 2017, witnessed by Paramount Leader Xi Jinping and chancellor Angela Merkel, chairman of CASIC Gao Hongwei and Siemens CEO Joe Kaeser signed a strategic cooperation agreement in the fields of industrial Internet and intelligent manufacturing in Berlin.

See also[edit]


  1. ^ a b c "China Aerospace Science & Industry".
  2. ^ a b c China Aerospace Science and Industry Corporation. "Introduction of CASIC". Retrieved July 18, 2014.
  3. ^ a b "State-owned media is pitching China's latest hypersonic missiles and laser weapons to the global arms market, Business Insider - Business Insider Malaysia".
  4. ^ "Premier Li inspects China Aerospace Science and Industry Corporation - Xinhua |".
  5. ^ "China Aerospace Science & Industry". Fortune. Retrieved August 23, 2018.
  6. ^ Fisher Jr., Richard D. (January 20, 2020). "Richard D. Fisher, Jr. On Taiwan: How China's proxies threaten Taiwan". Taipei Times. Retrieved January 21, 2020.
  7. ^ Chen, Shawna (November 12, 2020). "Trump bans Americans from investing in 31 companies with links to Chinese military". Axios. Retrieved November 12, 2020.
  8. ^ Pamuk, Humeyra; Alper, Alexandra; Ali, Idrees (November 12, 2020). "Trump bans U.S. investments in firms linked to Chinese military". Reuters. Retrieved November 12, 2020.
  9. ^ Swanson, Ana (November 12, 2020). "Trump Bars Investment in Chinese Firms With Military Ties". The New York Times. ISSN 0362-4331. Retrieved November 13, 2020.
  10. ^ "US sanctions highlight China's civil-military overlap". Nikkei Asian Review. August 20, 2018. Archived from the original on August 20, 2018. Retrieved June 7, 2020.
  11. ^ Allen-Ebrahimian, Bethany (June 24, 2020). "Defense Department produces list of Chinese military-linked companies, 20 years after mandate". Axios. Archived from the original on June 24, 2020. Retrieved June 24, 2020.

External links[edit]