China Aerospace Science and Industry Corporation

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China Aerospace Science and Industry Corporation
Native name
中国航天科工集团有限公司
FormerlyChina Aerospace Machinery and Electronics Corporation
Company type State-owned enterprise
Industry Aerospace, Defense, Automotive, Electronics, Telecommunications, Information Technology, construction & Infrastructure
PredecessorChina Aerospace Corporation
FoundedJuly 1, 1999;24 years ago (1999-07-01)
Headquarters,
Area served
Worldwide
Key people
Gao Hongwei (Chairman)
Li Yue (President)
Products Satellite communication, missiles, radars, special vehicles, engines
RevenueUS$34.07 billion [1]  (2017)
US$1.60 billion [1]  (2017)
Total assets US$44.27 billion [1]  (2017)
Owner State-owned Assets Supervision and Administration Commission of the State Council
Number of employees
145,987 [2]  (2017)
Website www.casic.com OOjs UI icon edit-ltr-progressive.svg
China Aerospace Science & Industry Corporation
Simplified Chinese 中国航天科工集团公司
Traditional Chinese 中國航天科工集團公司

On September 5, 2013, the G20 summit was held in Saint Petersburg, Russia. China's Paramount Leader Xi Jinping and Russia's president Vladimir Putin witnessed the signing of strategic cooperation agreement between CASIC (Gao Hongwei: chairman of CASIC) and Rostec.

On May 30, 2016, CASIC and Siemens signed a memorandum of understanding to establish a working team based on Made in China 2025 and German Industry 4.0 to establish strategic partnerships in the fields of industrial Internet and intelligent manufacturing. Siemens was devoted to electrification, automation, digitization, and creating an open IoT operating system based on the cloud platform.

On July 5, 2017, witnessed by Paramount Leader Xi Jinping and chancellor Angela Merkel, chairman of CASIC Gao Hongwei and Siemens CEO Joe Kaeser signed a strategic cooperation agreement in the fields of industrial Internet and intelligent manufacturing in Berlin.

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