It comes as inflation across the eurozone cooled to 2.6% in the year to May.
Beijing-based rocket developer Space Pioneer said on Thursday that it had completed more than 1.5 billion yuan ($207 million) round of fundraising that will go towards financing the development of its reusable rockets. Space Pioneer, also known as Beijing Tianbing Technology Co, is among a small group of rapidly growing private-sector rocket developers, spurred by the government's call to transform China into a major power in space. Since its inception in 2019, Space Pioneer has completed 15 financing rounds, raising a total of more than 4 billion yuan.