Abstract: In recent years fundamental physics in a microgravity environment has attracted much attention from theoreticians in the international community, and has been given the name of fundamental physics in space. Furthermore, microgravity science has gradually become known as physics in space amongst the space agencies of the chief space countries. However, physics in space has not changed the contents of microgravity science. As the International Space Station nears completion, its member countries are working hard to schedule the microgravity science missions, and important results should be obtained before 2016. On the other hand, plans for space tests on the theories of gravity and general relativity on board special satellites are under way. After the GP-B satellite experiment by NASA, the LISA program for space measurement of gravitational waves aroused broad interest. Physics in space will certainly make great strides in both promoting important scientific achievements and in developing high technology for applications.