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China rolls out rocket for business

Smart Dragon-1 rocket.

A Chinese government space agency successfully launched on Saturday its first rocket meant for commercial use, state television CCTV reported, as firms in the country compete to join a commercial satellite boom.

Smart Dragon-1 rocket, which weighs 23 tonnes and was developed by a unit of China Aerospace Science and Technology Corporation (CASC), successfully delivered three satellites into orbit after a launch in Jiuquan, Gansu, CCTV said.

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