Soaring into Space: Exploring the Industrial Opportunities of the New Space Economy for Hong Kong - Research Report

Alfred Tat-Kei HO, Jeffrey Chun-Hin KONG, Timothy WONG, Yan XU

Research output: Scholarly Books, Monographs, Reports and Case StudiesRGC 11 - Research book or monograph (Author)peer-review

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 languageEnglish
Place of PublicationHong Kong
PublisherFederation of Hong Kong Industries
Commissioning bodyFederation of Hong Kong Industries
Number of pages88
Publication statusPublished - 1 Aug 2025
EventPress release conference for the Report, Soaring into Space - City University of Hong Kong, Kowloon Tong, Hong Kong, China
Duration: 1 Aug 20251 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

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