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1999年,国家为增强国防科技工业的活力和竞争力、加快推进国防现代化建设,作出了把军工总公司改组为集团公司的重大决策。7月1日,中国航天总公司拆分为中国航天科技集团公司和中国航天机电集团公司(后改名为中国航天科工集团公司)。十年变迁,这两家集团公司成为了自主创新的样板和助推国民经济的龙头企业。
In 1999, the state made a major decision to reorganize the military-industrial company into a group company in order to increase the vitality and competitiveness of the defense-related science and technology industry and accelerate the advancement of national defense modernization. On July 1, China Aerospace Corporation split into China Aerospace Science and Technology Corporation and China Aerospace Corporation (later renamed China Aerospace Science and Industry Corporation). In the ten years of change, these two group companies have become models of independent innovation and leading enterprises in boosting the national economy.