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Top maker of missiles seeks to tap intl market for rockets

By Zhao Lei | China Daily | Updated: 2016-03-12 08:30

China's largest missile manufacturer plans to use its solid-fuel rockets to tap into the international commercial launch market, said a senior rocket designer.

Hu Shengyun, who heads solid-fuel rocket development at the Fourth Academy of China Aerospace Science and Industry Corp, said his company is considering founding a company dedicated to providing commercial launches for domestic and international clients.

Hu, also a national lawmaker, said the new company would break the monopoly by China Great Wall Industry Corp, which is currently the nation's only authorized provider of commercial launch service.

Top maker of missiles seeks to tap intl market for rockets

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