Close Menu
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Facebook X (Twitter) Instagram Threads
Trending:
  • A chemical 100 times stronger than fentanyl is fueling US overdoses
  • Sevens Saturday sizzles
  • Meet Zhang Xin: The Woman Real Estate Mogul Who Reshaped Beijing
  • Why does its EV push matter more now for global inv
  • Natthakritta Ends Thai Victory Drought
  • “Friendflation”: Japanese Youth Are Saving Money By Cutting Out Friends
  • Alleged Irish cartel boss arrested in Dubai after years-long manhunt
  • Why the Middle East is cooler than India, and more…
  • UAE investors view China as an attractive market
  • Levi genes on show as Aussies power into Hong Kong semis
  • Customs seize over 17 kg hydroponic ganja from Bangkok arrivals at BLR airport – Press Trust of India
  • Indonesia’s secret defence pact with U.S. halted after report in The Sunday Guardian
  • Dr Thein becomes first Malaysian-born scientist to win ‘Science Oscar’
  • Pakistan repays $2bn loan to UAE, confirms SBP
  • bne IntelliNews – Could it be Goodbye Dubai, Hello Istanbul?
  • Royal Challengers Bengaluru vs Delhi Capitals – BBC
  • Congress stance on women’s bill reflects feudal mindset: BJP | India News
  • Free racing tips: Sha Tin, Hong Kong
Sunday, April 19
Facebook X (Twitter) Instagram
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Simply Invest Asia
Home»Explore cities»Beijing»China’s trillion-yuan weapon to overtake US in space race
Beijing

China’s trillion-yuan weapon to overtake US in space race

By IslaApril 18, 20262 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


Beijing Satellite Town 2026: China's trillion-yuan weapon to overtake US in space race
Beijing Satellite Town 2026: China’s trillion-yuan weapon to overtake US in space race

In a bid to get ahead of the United States (U.S.) in an already intensified space race, China is all set to launch a specialised hub for satellite manufacturers and operators that will be known as Beijing’s Satellite Town.

According to the state-run Beijing Daily, China plans to complete the town in the second half of 2026.

This comes amid the U.S. intensifying its efforts to land humans back on the moon before China and has put two billionaires’ companies (SpaceX of Elon Musk and Blue Origin of Jeff Bezos) in a race to build a moon lander first for future Artemis missions, including Artemis IV mission planned for 2028.

China has also announced plans to build a moon base by landing astronauts on the moon by 2030 and establish the International Lunar Research Station (ILRS) at the lunar south pole by 2035.

The proposed satellite hub would enhance China’s space program by bringing together engineers, satellite operators and manufacturers in a single location, improving coordination and operational efficiency.

China has gained significant momentum in its space technology as nearly 60 percent of all space launches are now commercial and many companies are seeking public listings to secure partnerships and generate more revenue.

Head of the Strategic Research Department at Future Aerospace, Gao Yibin, said that China’s trillion-yuan commercial space market is moving towards stabilisation and scale due to acceleration in launch approvals and localisation of components.

He added that 6G air-space-ground integration suggests sustained ​growth in the aerospace industry is expected in 2026.

The Satellite Town is expected to further accelerate the already growing industry. 





Source link

Related Posts

Meet Zhang Xin: The Woman Real Estate Mogul Who Reshaped Beijing

April 19, 2026

Iran war has rattled US allies, opening a door for Beijing

April 18, 2026

Spring gala celebrates culture under crabapple blossoms

April 18, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Abandoned malls, whispers of nuclear war and young foreigners detained. This is what’s REALLY going on in Dubai… and the chilling warning one taxi driver gave to the Mail’s IAN BIRRELL

April 11, 2026

US trade chief says tech restrictions to block Chinese autos

April 10, 2026

Leather MIG Welding Gloves – Heat Fire Resistant for Welding/Grilling/BBQ(Black/Brown/Blue)

April 9, 2026
Don't Miss

A chemical 100 times stronger than fentanyl is fueling US overdoses

By IslaApril 19, 2026

article FILE: A Hazardous Materials technician removes his mask after leaving the scene of an…

Sevens Saturday sizzles

April 19, 2026

Meet Zhang Xin: The Woman Real Estate Mogul Who Reshaped Beijing

April 19, 2026

Why does its EV push matter more now for global inv

April 19, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Top Trending

Dr Thein becomes first Malaysian-born scientist to win ‘Science Oscar’

By IslaApril 19, 2026

Pakistan repays $2bn loan to UAE, confirms SBP

By IslaApril 19, 2026

bne IntelliNews – Could it be Goodbye Dubai, Hello Istanbul?

By IslaApril 19, 2026
Most Popular

LVMH fashion -2%; UAE slump; ME -1%; Watches & Jewelry +7% — TradingView News

April 14, 2026

Oil shock deepens UAE–China cleantech ties – Al-Monitor

April 14, 2026

Global Steel Slab Price Increase: Trends & Market Analysis April 2026 – News and Statistics

April 18, 2026
Our Picks

Australian PM Albanese to visit Malaysia April 15-17, energy security in focus

April 14, 2026

Nexo’s Alpha+ series debuts in Kuala Lumpur

April 9, 2026

Hong Kong Gifts and Premium Fair and Home InStyle to Unveil Market Trends in April 2026 – Asia News Network

April 14, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Simply Invest Asia.
  • Get In Touch
  • Cookie Policy
  • Privacy policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.