As China opens up its space sector, Hong Kong should reach for the stars

South China Morning PostCenter-RightEN 2 min read 100% complete by Ken ChuFebruary 3, 2026 at 02:30 AM

AI Summary

medium article 2 min

China is opening its space sector to commercial companies, evidenced by the development of a private crewed spacecraft with planned flights by 2028 and the introduction of commercial competition for space station cargo and lunar vehicles. This shift aligns with the global trend where commercial activity drives the majority of growth in the space economy, currently valued at $613 billion. China's move aims to compete globally and establish long-term advantages in the space industry. The article suggests that Hong Kong should actively participate in this emerging sector to support national objectives and foster industrial growth, leveraging its strengths in finance, governance, and talent.

Key Entities & Roles

Key Player Opposition Context

Beijing 30% Space Foundation 30% Tiangong space station 40% Nasa 50% SpaceX 60% China Manned Space Agency 70% Hong Kong ×480% China ×590%

Keywords

commercial space sector 100% china 90% space development 80% hong kong 70% space missions 60% crewed spacecraft 50% space economy 50% industrial upgrading 40%