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Commercial spaceflight was officially recognized as a "new growth engine" in China's 2024 government work report. The Greater Bay Area is becoming a major hub for commercial space companies and talent. Key players include Zhou Bin, an aerospace engineer and a deputy to China's National People's Congress (NPC), who views "satellite internet" as a key frontier. Global satellite coverage is unlocking new opportunities, from offshore aquaculture to autonomous vehicles. Zhou's team is developing more cost-efficient terahertz chips to support China's satellite network. With robust manufacturing, a business-friendly environment, and a large market, Guangdong is emerging as a space tech powerhouse. NPC deputy and Guangdong's chief economic planner Ai Xuefeng has committed to boosting support for talent, technology and funding to build a full industrial ecosystem.
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Disinformation report hotline: 010-85061466