GalaxySpace sees Hong Kong, Macau as gateways for China's space sector
GalaxySpace, a leading Chinese commercial space company, emphasized the strategic importance of Hong Kong and Macau in China's commercial space expansion during a media tour in Beijing on Wednesday. Xin Yichun, general manager of government and corporate partnership, stated that the two cities hold irreplaceable positions due to their international business networks and global connectivity, complementing Beijing's role as a hub for satellite R&D and manufacturing. The company advocates for greater collaboration among Beijing, Hong Kong, and Macau, positioning the latter as a platform for Chinese commercial space technology to go global. Founded in 2018, GalaxySpace has launched 46 self-developed satellites as of this month and began its IPO process for a domestic listing earlier this year.
Key facts
- GalaxySpace sees Hong Kong and Macau as central to China's commercial space expansion.
- Xin Yichun, general manager of government and corporate partnership at GalaxySpace, made the remarks during a media tour in Beijing on Wednesday.
- Hong Kong and Macau offer international business networks and global connectivity.
- Beijing serves as China's hub for satellite research, development, and manufacturing.
- GalaxySpace was founded in 2018 and has launched 46 self-developed satellites.
- The company began its IPO process for a domestic listing earlier this year.
- GalaxySpace develops low-Earth orbit satellites and communications technologies.
- The company is pushing for more collaboration between Beijing, Hong Kong, and Macau in the commercial space sector.
Entities
Institutions
- GalaxySpace
Locations
- Hong Kong
- Macau
- Beijing
- China