From space mining to tourism, China’s Guangdong blasts off in pursuit of Musk

Aug 20, 2025 | INVESTING

South China’s Guangdong province has announced its ambition to join the country’s commercial space sector race, promising financial and policy support for companies wanting to build low-orbit satellite constellation systems and promote their application in futuristic industries including space mining and space tourism.
Guangdong plans to use government procurement to support key innovative products and application scenarios for satellite constellation systems, which also include…

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