The FINANCIAL — BEIJING. China has successfully launched its eighth navigation satellite into orbit as part of a project to develop its own global satellite navigation system, official news agency Xinhua reported on April 10, according to RIA Novosti.
A Long March-3A carrier rocket carrying the Beidou or Compass navigation satellite took off at 4.47 a.m. Sunday from the Xichang Satellite Launch Center in southwest China's Sichuan Province, the agency said.
By 2020, China plans to form a network of a total of 35 satellites, capable of providing global navigation service to users around the world.
Beidou currently provides navigation services within China and the neighboring region. After completion, the project would become an equivalent of the U.S.'s Global Positioning System (GPS), Russia's Glonass, and Europe's Galileo.