Shanghai Releases Satellite Internet Action Plan, Targeting Core Industry Scale Exceeding 80 Billion Yuan by 2030
nashnova research
Six Shanghai government agencies jointly released a three-year satellite-internet action plan, targeting ¥80 billion in core industry revenue and 3,000+ satellites in orbit by 2030. The move marks satellite internet's formal upgrade from a policy concept to a national-level infrastructure priority — putting the entire supply chain on a countdown to commercial delivery.
What does this plan actually say?
Six agencies led by the Shanghai Municipal Commission of Economy and Informatization issued the *Satellite Internet Industry Innovation and Development Action Plan (2027–2030)*, setting three headline targets: ¥80 billion in core industry revenue, 3,000+ satellites in orbit, and 100+ quality enterprises cultivated.
The plan also calls for "100+ benchmark demonstration applications", spanning R&D breakthroughs, infrastructure, industrial clustering, and real-world use cases.
This means → Shanghai isn't just building satellites — it wants them earning money. The focus shifts from "can we build it?" to "can it pay for itself?"
Why are rocket launches suddenly so frequent?
On October 24, a Long March 8A rocket launched 28 low-orbit satellite sets from Hainan. Meanwhile, the Lijian-2 (力箭二号) rocket — China's domestically developed commercial launcher — has been transported to its launch pad and will fly soon.
Lijian-2 previously won the contract for Shanghai Yuanxin's Qianfan constellation, delivering 18 satellites per launch. In plain terms = one rocket puts 18 satellites into orbit at once — batch-mode constellation assembly is accelerating.
Bulk launches for both China SatNet's GW constellation and the G60 Qianfan constellation have entered a high-frequency, routine phase. This reflects a shift from experimental launches to industrial-scale deployment.
How much has the policy status actually risen?
China's 2026 Government Work Report for the first time separately called out "accelerating satellite-internet development," placing it in the 15th Five-Year Plan alongside computing-power networks and telecom networks as one of three core infrastructure pillars.
This means → satellite internet's policy ranking jumped from "emerging technology" to the same tier as 5G and national computing infrastructure.
Guolian Minsheng Securities noted that the policy center of gravity has fully shifted from "technology R&D" to "industrial commercialization and global competition."
What are brokerages watching in this supply chain?
Huayuan Securities argues the industry logic is pivoting from thematic catalysts to constellation build-out and commercial delivery. It recommends tracking three things: launch cadence, per-satellite performance milestones, and direct-connect application rollout.
Wanlian Securities highlights that ongoing low-orbit constellation construction will drive incremental demand for inter-satellite laser communication terminals — devices that let satellites relay data to each other using laser beams.
In plain terms = analysts are no longer asking "are there satellites?" They're asking "can those satellites form a working network → and can that network make money?"
What does the supply chain look like — and where does the money flow?
Upstream: rocket launch services + satellite manufacturing + core components — including phased-array antennas (antennas that electronically steer signal direction), laser communication terminals, and T/R chips (the core chips inside antennas that control signal transmission and reception).
Midstream: constellation networking and operations — connecting satellites into a mesh and managing traffic. Downstream: ground terminals, direct phone-to-satellite connectivity, and industry-specific private-network applications.
This means → whether the ¥80 billion target is met depends on two things happening together: launch cadence stays on track + commercial applications actually land. If either leg falters, the scale target gets discounted.
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