China just took a giant leap in navigation tech! The 3rd International Summit on BeiDou Navigation Satellite System (BDS) applications kicked off on Thursday in Zhuzhou, Hunan Province, aiming to boost the industry by expanding applications and strengthening international cooperation. 🌐✨
Over 1,800 researchers, entrepreneurs, and officials from around the world gathered to explore the future of satellite navigation. From smart logistics to intelligent transportation, exhibitors showcased cutting-edge BDS applications that could change the way we move and connect. 🚚🚦
\"BDS applications are rapidly expanding across key sectors of China's national economy, with coverage rates surpassing 90 percent in areas such as transportation, energy, natural resources, and emergency response,\" said Xiang Libin, deputy director of the National Development and Reform Commission and an academician with the Chinese Academy of Sciences. 📈⚡
The summit also saw the release of a bluebook on the development of the BeiDou industry. According to the document, BDS services and related products have been exported to over 130 countries, providing users with diverse choices and better experiences while promoting industrial development. 🌍❤️
Did you know? The BeiDou system was initiated in 1994. With the completion of BDS-1 and BDS-2 in 2000 and 2012, and BDS-3 in 2020, China became the third country to have an independent global navigation satellite system! 🚀🌠
And the industry is booming! The total output value of China's satellite navigation and location services industry reached 536.2 billion yuan (about $75.2 billion) in 2023, marking a 7.09% increase over the previous year, according to the White Paper on the Development of China's Satellite Navigation and Location Services Industry (2024). 💹💰
With BDS expanding globally, who knows? Maybe the next time you're navigating through the streets of São Paulo or exploring the ruins of Machu Picchu, BeiDou might be guiding your way! 🗺️🌎
Reference(s):
China hosts summit to boost BeiDou navigation system applications
cgtn.com
