"The full liberalization of the aerospace market is an opportunity and a challenge for us." Tang Moyang, director of the strategy department of the China Rocket Company. "The cake has become bigger, but there are also more people who are sharing the cake."
"The quoted launch prices from private launch companies can be 20% lower than ours... There are two reasons behind this: At this stage, everyone pays more attention to gaining marketshare than "making money"; the second reason is that private enterprise are more thorough in cost control..."
"In the past few years, China Rocket Corporation has been committed to introducing the market mechanism into the design, production, launch and other links of rockets to control costs and delivery cycles. But in order to truly improve market competitiveness, we may need to make deeper changes in the system and mechanism."
