Abstract
This report examines the significance of the new space economy and the implications for industries in Hong Kong, education and research, and public policies. As an international financial centre with good access to venture capital and entrepreneurial talents, and as an international innovation hub in South China with to pranking universities and research institutions, Hong Kong is well-positioned to become an active participant in the new space economy. Based on documentary research, comparative policy analysis, and inputs collected from more than 30 stakeholders in various industrial and educational sectors, the research team co-led by Prof Alfred Tat-Kei Ho and Professor Yong Yang at City University of Hong Kong examines why Hong Kong should pay serious attention to the global development of the new space economy and considers what policies and cross-sectoral actions should be pursued to help Hong Kong achieve a stronger competitive advantage in the long-run.
| Original language | English |
|---|---|
| Place of Publication | Hong Kong |
| Publisher | Federation of Hong Kong Industries |
| Commissioning body | Federation of Hong Kong Industries |
| Number of pages | 88 |
| Publication status | Published - 1 Aug 2025 |
| Event | Press release conference for the Report, Soaring into Space - City University of Hong Kong, Kowloon Tong, Hong Kong, China Duration: 1 Aug 2025 → 1 Aug 2025 https://www.industryhk.org/en/info/press-releases/fhki-new-space-2025/ |
Bibliographical note
Publication date information for this publication is provided by the author(s) concerned.Funding
Federation of Hong Kong Industries (FHKI) expresses sincere gratitude to the research team from City University of Hong Kong, as well as to FHKI members and industry leaders for their support and their valuable and professional advice. The research team at City University of Hong Kong extends their graciousness to FHKI for its funding, which made this study possible.
Research Keywords
- Space Economy
- Sustainable development
- Industrial development
- cross-sectoral collaboration