Looks like spacesail is quite ahead of the central government one despite starting a few years later.
Will be interesting to see which private space launch company will be the first to win contract to start launching these megaconstallations.
That is all wrong. You sounds like repeating this "private" vs. SOE non-sense.
G60 (spacesail) is 2 to 3 years ahead of GW (SatNet) both in terms of founding and launching. G60's owner company Shanghai Hengxin was established in 2018. GW was established in 2021. G60's first 2 test sattelites were launched in November 2019, while GW's first 3 launches were in 2023.
Most importantly, G60 is as much SOE as GW. G60's founding investment company is fully SOE just like GW's founder. Although G60's invester is under the direct control of Shanghai government (State asset administration), it is ultimately owned by the state (central government).
To put things in a good analog, G60 is like the CASC 8th institute located in Shanghai and actting like a miniturized CASC out of Shanghai, GW is like the rest of CASC located in Xi'an and Beijing. It is a setup made decades ago due to political reasons.
So far, both programs are mainly state sponsored, implemented and operated, there is nothing of the "magical more efficient advanced private entrepreneur" in them.