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MOSCOW, May 22 (Xinhua) -- Russia needs to build up the orbital grouping with at least 15 spacecrafts operating in the orbit by 2020 to provide remote sensing of Russia and the whole world, Russian President Vladimir Putin said Monday.

The president has held a meeting with Roscosmos state space corporation officials to discuss the development of the country's space industry, according to a Kremlin statement.

"The main issues were the implementation of the Federal Space Program, the possibility of introducing new types of launch vehicles and the improvement of the remote sensing system of the Earth Air Jordan Shoes For Sale ," the statement said.

The Russian government approved in March 2016 the nation's 10-year space program worth around 20.5 billion U.S. dollars, but it was partially cut since then.

According to Putin, the remote sensing system, in which Russia has undeniable competitive advantages, needs to be used more actively to benefit national defense and security, the economy Air Jordan For Sale , the social sphere, and state administration.

In order to make remote sensing data available for Russian and foreign consumers it is necessary to consolidate all national resources available and, possibly, involve foreign space vehicles in the process, he added.

All the funds raised from the provision of remote sensing services should go to the development of the Russian space industry, to its further technical modernization Jordan Retro Shoes For Sale , and to prospective space research, Putin said.

Press briefing of BRICS Xiamen Summit held in SE China

New Sino-European freight train route starting from Shenzhen opens

China, Russia to jointly build wide-body passenger jets

Foreign students make "zongzi" to mark upcoming Dragon Boat Festival

Tourists visit lily garden in SW China's Guizhou

In pics: scenery of cliffs in Guoliang Village

Cheongsam lovers give performance in east China

Pic story: Technique of making Jianzhan porcelain

BEIJING, May 22 (Xinhua) -- China's treasury bond futures closed lower on Monday, with the contract for settlement in June 2017 closing 0.18 percent lower at 96.8 yuan (about 14.09 U.S. dollars).

The September 2017 contract closed 0.32 percent lower at 96.9 yuan. The December 2017 contract also closed 0.23 percent lower at 97.0 yuan.

The contracts are agreements to buy or sell treasury bonds at a predetermined price and set date. They allow investors to bet on and profit from the movements in the value of the bonds.

The treasury bond futures were launched at the Shanghai-based China Financial Futures Exchange and started trading on Sept. 6, 2013.

Weekly choices of Xinhua photos (May 15 - May 21)

Last batch of rebels evacuate Syria's Homs city

Screening of "The Meyerowitz Stories" held at Cannes Int'l Film Festival

Israel celebrates Jerusalem Day

Tourists visit lily garden in SW China's Guizhou

In pics: scenery of cliffs in Guoliang Village

Cheongsam lovers give performance in east China

Pic story: Technique of making Jianzhan porcelain

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