Chinese authorities have arrested one of the country's top rocket designers and will try him on charges of accepting bribes and embezzling millions of dollars.

The official Xinhua news agency said Friday, that Li Jianzhong, the former president of the Chinese Academy of Carrier Rocket Technology, is alleged to have taken more than $200,000 in bribes. He is also accused of embezzling nearly $19 million.

Mr. Li's agency developed the Long March series of rockets, one of which powered China's first manned spaceship, the Shenzhou Five, into space in October of 2003.

Xinhua said a tip to police prompted an investigation of Mr. Li that began shortly after the successful launch of the Shenzhou Five rocket in October of 2003.

Some information for this report provided by AP and AFP.