Hong Kong, Macau central to China’s commercial space expansion, GalaxySpace says

Hong Kong and Macau are integral to mainland China’s ambitions to build a globally competitive commercial space industry, according to executives at Beijing-based commercial space company GalaxySpace, as it bets on the two cities to help take its technologies and services overseas.“We have come to realise in recent years that Hong Kong and Macau hold irreplaceable strategic positions and industrial value in the development of China’s commercial space sector,” Xin Yichun, general manager of government and corporate partnership at GalaxySpace, told reporters during a media tour on Wednesday in Beijing.While Beijing, the Chinese capital, serves as the country’s hub for satellite research, development and manufacturing, Hong Kong and Macau complement those strengths with international business networks and global connectivity, positioning them as an indispensable gateway for China’s commercial space sector to expand globally, Xin said.