Chinese satellites predicted to capture 10% of world market by 2020

Chinese satellites: At least 10% of the world’s satellites will be built and supplied by China by 2020, a leading space researcher said this week. “Remote sensing, communications and positioning and navigation satellites are our major offers in the global market and their share will continue to expand,”  Beijing Institute of Space Science and Technology Information’a Director Yuan Minhui told delegates and journalists at the Third China International Satellite Service Business Matching this week.
He  also urged both China and the U.S. to consider cooperating on manned space exploration programs despite the ban imposed by the U.S. prohibiting contact between Chinese and U.S. space workers.”These programs cost a lot and carry high risks, he argued, “and collaboration would help reduce the risks and improve engineering efficiency.”

Source: yibada