The plane will reportedly be capable of horizontal takeoff and landing.

Reusable Spaceplane

The China Aerospace Science and Industry Corporation (CASIC), a massive state-owned company, just laid our its five year plan to commercialize space, SpaceNews reports.

"In the next five years CASIC will improve the capability of the commercial aerospace system, shorten the preparation time for and enhance the frequency of commercial rocket launches, and conduct further research into the reuse of launch vehicles to lower costs," Fu Zhimin, a chief technologist at CASIC, said at a conference on Monday, as quoted by SpaceNews.

Most notably, CASIC is planning to test a reusable spaceplane system, called Tengyun, within the next five years. The plane will reportedly be able to take off and land horizontally, hauling both cargo and passengers into orbit. It will also be able to release satellites into space.

Getting Crowded

The plane is reportedly unrelated to the launch of a "reusable experimental spacecraft"  last month.

CASIC is also planning to launch internet-beaming satellites, providing remote areas with low-cost connectivity — an initiative that sounds reminiscent of SpaceX's Starlink constellation.

The company's workhorse Kuaizhou rocket has already launched ten times so far. A variant called Kuaizhou-1A can deliver 440 pounds into a Sun-synchronous orbit.

Much larger Kuaizhou-21 and -31 solid rockets are currently in development, according to SpaceNews, increasing the maximum payload to 154,000 pounds.

READ MORE: China’s CASIC reveals five-year plan for reusable spaceplane, commercial space projects [SpaceNews]

More on China's space efforts: China Just Launched a Mysterious "Reusable Test Spacecraft"

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