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China Aerospace Science And Industry Corporation
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. CASIC has contributed to national projects such as crewed spaceflight and lunar exploration. CASIC is the largest maker of missiles in China. History 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 ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and dev ...
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State-owned Assets Supervision And Administration Commission Of The State Council
The State-owned Assets Supervision and Administration Commission of the State Council (SASAC) is a special commission of the People's Republic of China, directly under the State Council. It was founded in 2003 through the consolidation of various other industry-specific ministries. SASAC is responsible for managing state-owned enterprises (SOEs), including appointing top executives and approving any mergers or sales of stock or assets, as well as drafting laws related to SOEs. , its companies had a combined assets of CN¥194 trillion ( US$30 trillion), revenue of more than CN¥30 trillion (US$4.6 trillion), and an estimated stock value of CN¥65 trillion (US$10.06 trillion), making it the one of the largest economic entities in the world. Central SOEs SASAC currently oversees 97 centrally owned companies. Companies directly supervised by SASAC are continuously reduced through mergers according to the state-owned enterprise restructuring plan with the number of SASAC compan ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, R ...
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PetroChina
PetroChina Company Limited () is a Chinese oil and gas company and is the listed arm of state-owned China National Petroleum Corporation (CNPC), headquartered in Dongcheng District, Beijing. The company is currently Asia's largest oil and gas producer and was China's second biggest oil producer in 2006. Traded in Hong Kong and New York, the mainland enterprise announced its plans to issue stock in Shanghai in November 2007,Analysts express optimism about Chinese shares
(Xinhuanet.com, with source from ''Shanghai Daily'')
and subsequently entered the constituent of . In the 2020
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Venezuela
Venezuela (; ), officially the Bolivarian Republic of Venezuela ( es, link=no, República Bolivariana de Venezuela), is a country on the northern coast of South America, consisting of a continental landmass and many islands and islets in the Caribbean Sea. It has a territorial extension of , and its population was estimated at 29 million in 2022. The capital and largest urban agglomeration is the city of Caracas. The continental territory is bordered on the north by the Caribbean Sea and the Atlantic Ocean, on the west by Colombia, Brazil on the south, Trinidad and Tobago to the north-east and on the east by Guyana. The Venezuelan government maintains a claim against Guyana to Guayana Esequiba. Venezuela is a federal presidential republic consisting of 23 states, the Capital District and federal dependencies covering Venezuela's offshore islands. Venezuela is among the most urbanized countries in Latin America; the vast majority of Venezuelans live in the cities of th ...
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Renminbi
The renminbi (; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's Republic of China and one of the world's most traded currencies, ranking as the fifth most traded currency in the world as of April 2022. The yuan ( or ) is the basic unit of the renminbi, but the word is also used to refer to the Chinese currency generally, especially in international contexts. One yuan is divided into 10 jiao (), and the jiao is further subdivided into 10 fen (). The renminbi is issued by the People's Bank of China, the monetary authority of China. Valuation Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its ...
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Transporter Erector Launcher
A transporter erector launcher (TEL) is a missile vehicle with an integrated tractor unit that can carry, elevate to firing position and launch one or more missiles. History Such vehicles exist for both surface-to-air missiles and surface-to-surface missiles. Early on, such missiles were launched from fixed sites and had to be loaded onto trucks for transport, making them more vulnerable to attack, since once they were spotted by the enemy they could not easily be relocated, and if they were it often took hours or even days to prepare them for launch once they reached their new site. Usually a number of TELs and TELARs are linked to one command post vehicle (CP or CPV). They may use target information from target acquisition, designation and guidance radar (TADAGR or TAR). Transporter erector launcher and radar A transporter erector launcher and radar (TELAR) is a type of TEL that also incorporates part or all of the radar system necessary for firing the surface-to-air mis ...
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North Korea
North Korea, officially the Democratic People's Republic of Korea (DPRK), is a country in East Asia. It constitutes the northern half of the Korean Peninsula and shares borders with China and Russia to the north, at the Yalu (Amnok) and Tumen rivers, and South Korea to the south at the Korean Demilitarized Zone. North Korea's border with South Korea is a disputed border as both countries claim the entirety of the Korean Peninsula. The country's western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. North Korea, like its southern counterpart, claims to be the legitimate government of the entire peninsula and adjacent islands. Pyongyang is the capital and largest city. In 1910, Korea was annexed by the Empire of Japan. In 1945, after the Japanese surrender at the end of World War II, Korea was divided into two zones along the 38th parallel, with the north occupied by the Soviet Union and the south occupied by the Unit ...
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China Aerospace Science And Technology Corporation
The China Aerospace Science and Technology Corporation, or CASC, is the main contractor for the Chinese space program. It is state-owned and has subsidiaries which design, develop and manufacture a range of spacecraft, launch vehicles, strategic and tactical missile systems, and ground equipment. It was officially established in July 1999 as part of a Chinese government reform drive, having previously been one part of the former China Aerospace Corporation. Various incarnations of the program date back to 1956. Along with space and defense manufacture, CASC also produces machinery, chemicals, communications equipment, transportation equipment, computers, medical care products and environmental protection equipment. CASC provides commercial launch services to the international market. By the end of 2013, the corporation has registered capital of CN¥294.02 billion and employs 170,000 people. In December 2017, the CASC was converted from a state-owned enterprise (全民所� ...
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Ministry Of National Defense Of The People's Republic Of China
The Ministry of National Defense of the People's Republic of China (), or the "National Defense Ministry" () for short, is the second-ranked cabinet level executive department under the State Council. It is headed by the Minister of National Defense. The MND was set up according to a decision adopted by the 1st Session of the 1st National People's Congress in 1954. In contrast to practice in other nations, the MND does not exercise command authority over the People's Liberation Army (PLA), which is instead subordinate to the Central Military Commission (CMC). Instead, the MND itself only serves as liaison body representing the CMC and PLA when dealing with foreign militaries in military exchange and cooperation. Its official responsibilities had been to exercise unified administration over the development of the armed forces of the country such as recruitment, organization, equipment, training, scientific military research of the PLA and the ranking and remuneration o ...
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Chinese Lunar Exploration Program
The Chinese Lunar Exploration Program (CLEP; ), also known as the Chang'e Project () after the Chinese moon goddess Chang'e, is an ongoing series of robotic Moon missions by the China National Space Administration (CNSA). The program incorporates lunar orbiters, landers, rovers and sample return spacecraft, launched using Long March rockets. Launches and flights are monitored by a telemetry, tracking, and command (TT&C) system, which uses radio antennas in Beijing and antennas in Kunming, Shanghai, and Ürümqi to form a VLBI antenna. A proprietary ground application system is responsible for downlink data reception. Ouyang Ziyuan, a geologist, chemical cosmologist, and the program's chief scientist, was among the first to advocate the exploitation not only of known lunar reserves of metals such as titanium, but also of helium-3, an ideal fuel for future nuclear fusion power plants. Ye Peijian serves as the program's chief commander and chief designer. Scientist Sun J ...
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Shenzhou Program
The China Manned Space Program (CMS; ), also known as Project 921 () is a space program developed by the People's Republic of China and run by the China Manned Space Agency (CMSA), designed to develop and enhance human spaceflight capabilities for China. It was approved on 21 September 1992 and has been in operation ever since. The ''CMS'' director is currently Zhou Jianping; he has held this position since 2006, after taking over from Wang Yongzhi, who served as the first director from 1992 to 2006. As one of the most complex programs within the Chinese space agency, CMS was split into "three steps", or three phases, which can be summarized as follows: # Crewed spacecraft launch and return. # Space laboratory (with capabilities of extravehicular activities), spacecraft rendezvous and docking procedures. # Long term modular space station. On 29 November 2022, with the launch and docking of ''Shenzhou 15'' with the Tiangong space station, the CMSA successfully completed all t ...
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