DC-X and New Shepard also launched and landed vertically and that at far higher heights.
The problem is not landing a rocket vertically, it is to launch a payload (recovery mechanisms mustn't eat up all the payload mass), make it back through atmosphere at supersonic speeds and still have means (or propellant left) to achieve a landing.
It's a good step for the chinese space company LinkSpace but pretty much non-news for others in my opinion.
I found this Reuter’s story on the launch.
Exciting, if they meet their goals.
“The Beijing-based company aims to launch its next-generation RLV-T16 next year that will be capable of reaching an altitude of up to 150 kilometers, Hu said.”
“LinkSpace previously told Reuters it hoped to charge no more than 30 million yuan ($4.25 million) per reusable launch.”
Achieving orbit requires a horizontal velocity many times higher than the vertical velocity achieved.
Private aerospace startups face huge push backs from state-owned agencies for two apparent reasons: (1) most of the engineers of the startups left their job in those agencies for these startups. (2) The progresses these startups made expose how slow, bloated and inefficient the government-run agencies are. As a result of the hostility, the startups have little access to suppliers and testing facilities etc., not to mention the technological know-hows.
I didn't say they searched for it. Stealing isn't a Google search.
Slow propaganda news day in China?