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The total output value of China's satellite navigation and location service industry will exceed 400 billion yuan in 2020

202008月05日

The total output value of China's satellite navigation and location service industry will exceed 400 billion yuan in 2020

Ran Chengqi, director of China Satellite (600118) navigation organization management office and speaker of Beidou satellite navigation compilation information, said in a press conference on August 3 that the total output value of China's satellite navigation and location service industry has increased by more than 20% annually in the past 10 years, reaching 345 billion yuan in 2019 and 400 billion yuan in 2020.

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