Guangdong aims to achieve RMB 300b in commercial space and related industries by 2026 | In Guangdong We Trust

On October 14th, Guangdong announced 20 initiatives to seize the strategic opportunities in commercial space development. By 2026, the province aims to grow its commercial space and related industries to RMB 300 billion, attract and nurture more than 10 key commercial space enterprises, and establish over five industrial clusters focused on commercial space. The sector's new business models and formats are expected to accelerate their emergence. By 2028, Guangdong aims to establish a development pattern characterized by synergy between spacecraft manufacturing, land-sea launch capabilities, industrial element clustering, and regional collaboration.

Guangdong will encourage and guide relevant enterprises and research institutions to pursue technological breakthroughs in spacecraft manufacturing, space transport, satellite constellation networking, and real-time space data processing and intelligent integration. The province also plans to promote joint efforts between central and local authorities to address critical technologies, essential components, and system integration, with the goal of securing major national science and technology projects in Guangdong. Additionally, efforts will be made to enhance the localization of key components.

To strengthen the industrial foundation, Guangdong will leverage its advantages in the electronics and information sectors by supporting enterprises in building a commercial space supply chain hub. This includes establishing a supply chain transaction platform and implementing projects to solidify and enhance key links in the industry. The province will support commercial satellite companies in building production lines to improve satellite manufacturing and research capabilities, while also assisting commercial rocket companies in accelerating the construction of research and development centers and assembly testing facilities under the Guangdong brand. Moreover, efforts will be made to stabilize and extend the satellite application supply chain by accelerating the development of ground equipment for satellite internet, strengthening satellite terminal manufacturing, and expanding the BeiDou satellite system's application scenarios. Guangdong aims to grow the entire BeiDou industry chain.

Guangdong is also shaping a spatial layout for commercial space industry development, with Guangzhou and Shenzhen as core hubs and cities like Zhuhai and Yangjiang serving as key supporting points. Guangzhou and Shenzhen will develop a comprehensive industrial chain covering rockets, satellites, ground stations, terminal equipment, and applications, as well as build several specialized industrial parks. In particular, Guangzhou will be supported in building a BeiDou industrial eco-city. Zhuhai and other regions will focus on developing specialized industrial clusters, such as terminal equipment manufacturing, while Yangjiang will focus on building a commercial space industrial park with an emphasis on spacecraft assembly, satellite applications, and aerospace tourism.

To expand its global presence, Guangdong plans to explore overseas markets, including countries involved in the Belt and Road Initiative, and encourage commercial space enterprises to participate in the formulation of international space rules and standards. The province will also leverage platforms such as the China International Aviation & Aerospace Exhibition by setting up a dedicated commercial space exhibition area to showcase the strengths of Guangdong's leading enterprises.

Source: Lingnan on the Cloud