An operation ceremony of the Changchun Aerospace Information Industry Park was held in Changchun, Jilin province on Oct 13.

An operation ceremony of the Changchun Aerospace Information Industry Park is held in Changchun, Jilin province, Oct 13. [Photo provided to chinadaily.com.cn]

Presided over by Changchun-based Chang Guang Satellite Technology Co Ltd with a total investment of 6 billion yuan ($868 million), the 216,000-square-meter industry park will be capable of producing 30 satellites and 200 unmanned aerial vehicles a year once it enters full-production.

Knowing that scientific innovation is the key to the revitalization of the city's old industrial center and a new force powering its transformation and upgrading, Changchun has focused on the importance of its local companies' capacity to innovate and hone their core competitiveness.

Guests and staff present at the operation ceremony. [Photo provided to chinadaily.com.cn]

Chang Guang Satellite Technology is a standout among all the high-tech enterprises. In October 2015, four Jilin-1 commercial satellites independently developed by the company were sent into space from the Jiuquan Satellite Launch Center in Gansu province, marking a big step forward in the industrialization of pace technology. These are China's first commercial, remote-sensing satellites to be named after a province.

Changchun Aerospace Information Industry Park is presided over by Chang Guang Satellite Technology Co Ltd with total investment of 6 billion yuan, covering an area of 216,000 square meters. [Photo provided to chinadaily.com.cn]