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Article: CHINA, A BIG MARKET FOR SATELLITE NAVIGATION APPLICATION

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AsiaInfo Services
Article date:
November 25, 2002
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China, a Big Market for Satellite Navigation Application

CHINA, Nov 25, 2002 (SinoCast via COMTEX) -- Development of China' s satellite navigation industry is on the fast track. It is predicted by experts that the total production value of China's satellite navigation industry will reach RMB 7 billion by the end of "10th Five-Year Plan" . The sales of satellite navigation-based operational services will exceed RMB 3 billion.

Satellite navigation is to position, navigate, monitor and manage various objectives through location, speed and time provided by satellite navigation system. Now, satellite navigation application industry has become one of the eight ...

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