The project reflects a decisive shift in national policy, where commercial players are no longer peripheral participants but integral contributors to major space missions.
China’s rapid progress in this arena signals more than technological ambition. It reflects the country’s intention to compete in a global industry where early movers shape standards, capture value and lock in advantages that last for decades. For Hong Kong, this is a moment that demands attention and action. Space development is no longer a distant scientific endeavour. It is an emerging commercial sector whose financing, governance and talent needs align closely with Hong Kong’s core strengths.
Faced with Beijing’s national objective of becoming a space power, Hong Kong should not, and cannot, remain on the sidelines. Participation would not only serve national priorities but also chart a new pathway for industrial upgrading and long-term competitiveness, especially as traditional growth engines face increasing constraints.
