China's Ministry of Industry and Information Technology (MIIT) said it supports forward-looking research on space-based computing and will orderly promote development of the space-compute industry. Space compute—placing chips and servers on satellites to process data in orbit—offers faster, real-time processing and wider coverage. Industry groups forecast the global space economy could exceed $1 trillion by 2030, with space compute a key infrastructure segment. Chinese firms are building larger

China's Ministry of Industry and Information Technology (MIIT) said it supports forward-looking research on space-based computing and will orderly promote development of the space-compute industry. Space compute—placing chips and servers on satellites to process data in orbit—offers faster, real-time processing and wider coverage. Industry groups forecast the global space economy could exceed $1 trillion by 2030, with space compute a key infrastructure segment. Chinese firms are building larger compute constellations and tackling core technologies; in April a multi-party Space Compute Innovation Center was launched in the Beijing Economic-Technological Development Area and published a priority tech list covering reusable rockets, space photovoltaics, laser communications and radiation-hardened chips, with individual projects eligible for up to 10 million yuan in funding.