China and the International Space Market

Abstract

China’s own special history as one of the major space countries is reflected in the development of its space technology, the application of which holds great potential. In view of the importance of technology transfer to the development of new space markets, and of the fresh opportunities which a socialist market economy offers for the transfer of space technology in China, the authors analyze ways in which the Chinese space sector should market this technology, simultaneously introducing state-of-the-art technology and concepts from other countries into China. In this way, new areas of cooperation with counterparts worldwide may be created within the Chinese space sector, in addition to the commercial satellite launch market.

The development of space technology for transfer to new markets in China presupposes a highly professional approach to technology development and to decisionmaking processes in business. Professionals involved in such development should have a unique sense of innovation, the ability to assimilate new information, outstanding development skills and a striving sense of international cooperation. the training of space professionals for such cooperation in the international arena may be achieved through various channels, such as active participation in international space activities, effective networking for liaison and information exchange, training courses in space technology using advanced media, etc..