16 May 2019
China's satellite navigation and location services industry achieved a total output value of 301.6 billion yuan (about 43.93 billion U.S. dollars) in 2018, up 18.3 percent from the previous year, according to an annual industry report.
The data was published in the White Paper on the Development of China's Satellite Navigation and Location Services Industry (2019), which was released by the GNSS (global navigation satellite system) and LBS (location-based service) Association of China on 15 May.