What Happened
City Unveils Ambitious Plan For Satellite Internet Innovation Hub
Shanghai has unveiled an action plan to build the city into a global satellite internet innovation hub, with targets including over 3,000 satellites in orbit and core industry output exceeding 80 billion yuan ($11.9 billion) by 2030. The plan was announced at the 2026 satellite internet industry ecosystem conference, where government officials, industry leaders, and researchers gathered to map out the trajectory of the rapidly expanding space-based connectivity sector. According to Chinadaily.com.cn, the city aims to convert more than 100 research achievements into commercial applications and cultivate over 100 quality market entities.