Commercial aerospace (商业航天) in China has attracted growing attention from international observers over the past decade, particularly as new launch enterprises conduct increasingly visible tests and launches, raising the question of the nature of these emerging actors. While Chinese commercial space can be understood as a manifestation of the global “New Space” trend -and an emulation of SpaceX- it is also shaped by domestic dynamics and by interactions among a diverse set of local players, including state-owned enterprises and private firms, as well as central and local government authorities. After outlining these issues, this presentation will ask how commercial space and global transformations in the space economy led by megaconstellations projects are likely to influence China’s international space exchanges with countries along the BRI.