State Councilor Wang Yong attended the launch conference of the China Satellite Network Group Co Ltd on April 26, pressing for pragmatic construction and high-quality development of the nation's satellite internet industry.

The founding of China Satellite Network Group, Wang said, is a major move in the country's strategic landscape to comply with the transformation of the technology industry.

The company should aim high with high-standard construction and operation, build sound corporate governance, and improve market-oriented operations, Wang said.

In addition, the company should enhance top-level design and resource integration, make breakthroughs in difficult problems, and raise innovation throughout the industrial chain and overall efficiency.

Wang also urged the company to contribute to the construction of Xiong'an New Area while attracting all types of resources.