China's Satellite Navigation Industry Reaches $79.9 Billion in 2024

Tokyo, Japan (SPX) May 19, 2025 China's satellite navigation and positioning service industry achieved a total output value of 575.8 billion yuan ($79.9 billion) in 2024, reflecting a 7.39 percent year-on-year growth, according to a white paper released on Sunday. The report highlights the ongoing expansion and technological advancements within the BeiDou Navigation Satellite System (BDS). By the end of 2024, the cumulat

May 21, 2025 - 13:35
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China's Satellite Navigation Industry Reaches $79.9 Billion in 2024
Tokyo, Japan (SPX) May 19, 2025
China's satellite navigation and positioning service industry achieved a total output value of 575.8 billion yuan ($79.9 billion) in 2024, reflecting a 7.39 percent year-on-year growth, according to a white paper released on Sunday. The report highlights the ongoing expansion and technological advancements within the BeiDou Navigation Satellite System (BDS). By the end of 2024, the cumulat