11 October 2021
Beidou applications have been more and more integrated into core infrastructure across industries including finance and power generation, while multiple provinces and regions across China plan to create an integrated Beidou industrial ecosystem. In 2020, the total output value of China's satellite navigation and location service industry with BDS as its core technology reached 403.3 billion RMB (62.59 billion USD), an increase of 16.9 % compared with 2019.
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