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.