China's satellite navigation and location-based service industry reached an impressive milestone in 2024, with its total output climbing to 575.8 billion yuan (about $79.9 billion), marking a 7.39% year-on-year growth. This surge is powered by the dynamic application of the homegrown BeiDou Navigation Satellite System, which is transforming everyday travel and high-tech solutions.
Imagine over 288 million smartphones equipped with BeiDou-enabled positioning! With high-precision, lane-level navigation now covering more than 99% of both urban and rural roads, BeiDou processes over one trillion location requests daily—facilitating an average journey of over 4 billion kilometers each day. This breakthrough is a game-changer for smart connected vehicles, as more than 50 cities across the Chinese mainland conduct road tests to integrate this cutting-edge technology into intelligent transportation systems.
Moreover, BeiDou's impact goes beyond domestic borders. Its integration into the technical standards of 11 major international organizations in sectors like civil aviation, maritime affairs, and mobile telecommunications has paved the way for its export to over 140 countries and regions. In an era where connectivity drives success, this innovation is supporting global trade and dynamic tech trends.
Tech innovation that simplifies life and drives economic growth is at the heart of modern progress. 🚀 Stay tuned for more breakthroughs that keep our world moving forward!
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China's satellite navigation industry output hits 575.8 billion yuan
cgtn.com