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

AI Summary

Hong Kong and Macau play key strategic roles in China’s expanding commercial space industry, with GalaxySpace executives emphasizing their importance for international technology and service expansion. The two cities are seen as irreplaceable in the sector's development.

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...