Hong Kong SAR Aligns with China's Space Economy Plans Under 15th Five-Year Plan
Hong Kong is set to align with China's 15th Five-Year Plan (2026-30) to bolster its role in the global space economy, which is projected to grow significantly by 2035. The city plans to invest over HK$100 million in six research projects, including support for China's Chang'e-8 mission, while leveraging its strengths in finance and research to foster innovation in the space sector. Collaboration with mainland agencies will further explore industrial growth opportunities.
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Hong Kong aims to align with China's 15th Five-Year Plan (2026-30) to enhance its role in the global space economy. The plan prioritizes aerospace development, encouraging commercial space enterprises to expand internationally.
The global space market is projected to grow from about US$630 billion in 2023 to US$1.8 trillion by 2035. Hong Kong plans to invest more than HK$100 million in six research projects supporting space initiatives, including China's Chang'e-8 mission.
The city is positioned to leverage its strengths in finance, research, and professional services to support innovation in the space sector. CEPU will collaborate with mainland agencies to explore new opportunities for industrial growth.
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