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The Space Economy: Humanity's New Frontier, US-China Competition, the Space Debris Challenge, and Hong Kong's Opportunities
What is the Space Economy and Why is it Important? The space economy refers to commercial activities related to space, including rocket launches, satellite communications (such as Starlink and the Qianfan Constellation), Earth observation, space tourism, AI computing, and resource extraction. Between 2025 and 2026, the global space economy exceeded $470 billion in scale, with commercial activities accounting for nearly 80%. Experts predict that by 2035, it could grow to over
Dr Frederick Wong
Jun 55 min read
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