As China continues to advance its strategy of becoming a leading space power, emerging industries including satellite internet, commercial space, and the low-altitude economy are experiencing rapid growth, ushering in a new era of trillion-yuan opportunities in the aerospace economy. Based on the comprehensive aerospace manufacturing ecosystem, world-class scientific and technological innovation capabilities, and the unique advantages of its status as China's financial center, shanghai has established an aerospace industry development framework featuring "core enterprises supported by eastern and western development corridors." With the accelerated implementation of major projects, including the G60 Satellite Constellation and mass-production bases for satellites and launch vehicles, Shanghai is rapidly emerging as a leading innovation hub driving the development of China's aerospace industry.