China set to get big chunk of global satellite market by 2015,
Bracing up to launch a host of new satellites, including a communication satellite for Pakistan next year, China has said it aims to become a major global player in the international aerospace industry by 2015 to get a big chunk of the commercial satellite market.
China is set to re-launch itself on the global aerospace industry with plans to take 10 per cent share of the world’s commercial satellite and 15 per cent of the commercial launch business by 2015, Yin Liming, President of China Great Wall Industry Corp, (CGWIC) told state run ‘China Daily’.
Unveiling the specific target plans for the first time, he said China will conduct three commercial launches next year, including a communications satellite produced by France-based Thales Alenia Space for Eutelsat Communications.
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