How Hangzhou’s tech ecosystem nurtures dragons and rockets

Hangzhou’s space industry got off to a flying start in 2026. On January 7, China’s leading private rocket firm Space Epoch broke ground on a medium-to-large liquid rocket assembly, testing and reuse facility in Hangzhou’s Qiantang district. Basing this in the port city allows the rockets to be transported by sea to launch areas in the East China Sea and recovered the same way. Logistics alone do not explain the decision. Space Epoch is plugging into an industrial ecosystem Hangzhou has been...