AHTHGC(SZ:000901) Zheng Quan Shi Bao·2025-11-14 18:32Core Insights - The highly anticipated "space tourism" project by China Aerospace Science and Technology Corporation was not launched at the 27th China International High-tech Achievements Fair, despite prior announcements [1][2] - Experts indicate that while the project has potential, significant technological and commercial challenges remain before it can be fully realized [1][6] Market Trends - The interest in space tourism is rapidly increasing, with a notable example being the pre-sale of tickets for a 2027 suborbital flight by a startup, which sold out in under four minutes [2][3] - The luxury travel brand from Ctrip reported a 350% annual growth rate in inquiries for space tourism, indicating a shift in consumption patterns among high-net-worth individuals [2][3] Economic Potential - The global space tourism market is projected to reach $300 billion by 2030, with China expected to capture over 30% of this market [4] - The development of space tourism is seen as a catalyst for the commercialization of aerospace technology and the growth of related industries [4] Technological Development - The push for space tourism is expected to drive advancements in reusable rockets and life support systems, which are essential for the industry's growth [4][5] - The commercialization of space tourism is viewed as a way to transition aerospace from government funding to profit-driven models, thereby reducing costs in satellite networks and space experiments [5] Challenges and Comparisons - There are significant differences in the progress of commercial space tourism between China and other countries, with China lagging in the establishment of a commercial framework [6] - Key challenges for China include the need for longer development cycles for critical technologies and the establishment of safety and reliability standards for commercial space travel [6]