New concept opens range of possibilities for high-speed commercial travel, tourism

Chinese space engineers will join hands to develop a next-generation craft with enormous business potential for commercial launches and space tourism, according to an industry conference.

As competition in the international aerospace field becomes increasingly fierce, Chinese space engineers have reached a consensus that the new craft is of great importance to China's aviation and space sectors, a statement released after the First China Combined-Cycle Aerospace Vehicle Development Forum in Beijing said on Tuesday.