TITLE:
Legal Regulation of Commercial Exploitation of Outer Space Resources and China’s Countermeasures
AUTHORS:
Chen Wang, Jiaoyang Wang
KEYWORDS:
Commercial Exploitation of Outer Space Resources, International Legal Regulation, Outer Space Treaty, Optimizing and Upgrading Path
JOURNAL NAME:
Beijing Law Review,
Vol.15 No.3,
August
2,
2024
ABSTRACT: With the increasing commercial exploitation of outer space resources, countries have strengthened legal regulations in this field. As one of the major countries in space exploration and commercialization, the United States has accumulated rich experience in legal regulations for the commercial exploitation of outer space resources. This paper conducts an in-depth study on the legal regulations for the commercial exploitation of outer space resources recently issued by international organizations and the United States, including their legislative backgrounds, main legal frameworks, and implementation effects. It also analyzes the current situation of China’s legal regulations on the commercial exploitation of outer space resources. The paper proposes ways to optimize and improve China’s legal regulations. Through comparative research, this paper aims to provide useful insights for the legal regulation of the commercial exploitation of outer space resources in China, promoting the rapid, efficient, sustainable, and orderly development of China’s commercial exploitation of outer space resources.