The Chinese Academy of Aerospace Engineering and Technology Development Strategy, China's first state-level aerospace strategy research institute, was founded in Beijing University of Aeronautics & Astronautics on Dec. 25.

The academy will cooperate with the yet-to-be-built National Laboratory of Aeronautics and Technology to integrate the resources of top research institutions and enterprises such as the Chinese Academy of Engineering, Beijing University of Aeronautics & Astronautics, China Aviation Industry Corporation, and Commercial Aircraft Corporation of China.

Furthermore, the academy will promote the innovative integration of production, education and research, improve China's technological innovation system, and strengthen the development of strategic emerging industries in the country's aerospace sector.