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NDRC aims for Beidou industry scale to exceed 1 trillion yuan in 5 years
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On September 22, Li Chao, Deputy Director of the Policy Research Office and spokesperson for China's National Development and Reform Commission (NDRC), announced at the NDRC's September press conference that the government aims to drive the scale of the Beidou navigation satellite industry to exceed 1 trillion yuan within five years. The goal is to achieve new breakthroughs in the marketization, industrialization, and internationalization of Beidou's large-scale applications. The announcement was reported by Xinhua Finance and relayed by financial data provider Jin10.
Source report
September 22 — Li Chao, Deputy Director of the Policy Research Office and Spokesperson for the National Development and Reform Commission (NDRC), stated at the NDRC's September press conference that China aims to drive the scale of the Beidou industry to exceed 1 trillion yuan within five years.
The goal is to achieve new breakthroughs in the market-oriented, industrialized, and internationalized application of Beidou technology at scale.
(Source: Xinhua Finance)
Source
金十数据Eastern
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China targets Beidou industry scale exceeding 1 trillion yuan by 2030