Chinese state media say a satellite jointly developed by China and Brazil failed to enter orbit after the rocket carrying it malfunctioned after launch.

The official Xinhua News Agency says the high-resolution remote-sensing Ziyuan I-03 satellite was launched Monday aboard a Chinese Long March 4B rocket in northern Shanxi province.

Citing unidentified military sources, Xinhua said Chinese and Brazilian experts were analyzing the cause of the malfunction.

China has a range of Long March rockets for use in commercial launches.

Earlier this year, a Chinese space program official said the country was looking to increase its share of the global commercial satellite launching business from 3 percent to 15 percent by 2020.