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Rocket to haul commercial satellites

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China’s biggest manufacturer of carrier rockets will soon begin to develop the next-generation Long March 8 medium-lift carrier rocket to meet the demands of commercial launch service, according to a senior manager.

Li Tongyu, head of carrier rocket development at the China Academy of Launch Vehicle Technology, told China Daily that the Long March 8 will have a modular design and will use engines that have been used by the Long March 5 and Long March 7, both new rockets developed by the academy.

“Its core stage will be based on those used by the Long March 7 and Long March 3A, and it will have two solid-propelled boosters that are 2 meters in diameter,” he said. “We will spend up to three years on its development and if everything goes well, its maiden flight will take place by the end of 2018.”

Long March 8 will be capable of sending a payload of about 4.5 metric tons to a sun-synchronous orbit, or 2.5 tons to geosynchronous transfer orbit, he said. In a sun-synchronous orbit, a satellite circles the Earth at the same rate that the Earth orbits the sun, whereas with a geosynchronous orbit, the satellite matches the rotation of the Earth.

Li said use of the Long March 8 will extensively reduce the launch costs of low- and middle-orbit satellites, giving it bright prospects in the commercial launch market.

Researchers at the academy are currently developing the latest variant of the Long March 5 heavy-lift carrier rocket. It will be tasked with placing the core module of the country’s space station into orbit in 2018, he noted.

China plans to put a manned space station into service around 2022. It will consist of three parts – a core module attached to two space labs, each of which weigh about 20 tons. The facility is expected to be the world’s only space station after the planned retirement of the International Space Station in 2024.

The first model in the country’s heavy-lift rocket family, the 57-meter-tall Long March 5,…

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China

Government subsidies don’t boost Chinese firms’ productivity

China’s industrial subsidies have caused considerable controversy both internationally and domestically. Trading partners have accused China of unfairly favouring its indigenous firms with subsidies, leaving foreign companies at a disadvantage in the race to lead the technologies of the future.

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East Asia Forum

Governments around the world regularly spend an enormous amount of money subsidising businesses. But few spend like China. A 2022 report suggests that China spends 1.7–5 per cent of its GDP on industrial policies, more than most countries.

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Companies

Chinese Smartphone Manufacturer Lays Off 3,000 Employees Following Closure of Chip Design Division

OPPO, a major Chinese smartphone maker, announced the closure of its chip design company ZEKU Technology (ZEKU).

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OPPO, a major Chinese smartphone maker, announced the closure of its chip design company ZEKU Technology (ZEKU).

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Companies

Company Owned by Chinese Billionaire Guilty of Paying $1 Million in Bribes to LA Councilman

A Los Angeles real estate firm owned by a Chinese billionaire is guilty of paying more than $1 million in bribes to a Los Angeles city councilman as part of a scheme that involved luxury cruises, high-rolling trips to casinos, and prostitution.

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A Los Angeles real estate firm owned by a Chinese billionaire is guilty of paying more than $1 million in bribes to a Los Angeles city councilman as part of a scheme that involved luxury cruises, high-rolling trips to casinos, and prostitution.

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