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 by Staff Writers Beijing (XNA) May 16, 2019
China's satellite navigation and location services industry achieved a total output value of 301.6 billion yuan (about 43.93 billion US dollars) in 2018, up 18.3 percent than the previous year, according to an annual industry report. The data was published in the White Paper on the Development of China's Satellite Navigation and Location Services Industry (2019), which was released by the GNSS (global navigation satellite system) and LBS (location-based service) Association of China on Wednesday. The industry's core sectors, which are directly related to the development and application of the satellite navigation technology, include chip, device, algorithm, software, navigation data, terminal equipment and infrastructure. These sectors reported 106.9 billion yuan in output value, accounting for 35.44 percent of the industry's total. The BeiDou Navigation Satellite System (BDS) contributed 80 percent to the output value generated by the core sectors. The system raked in a total of 194.7 billion yuan with related products and services. Source: Xinhua News Agency
China's Yuanwang-7 departs for space monitoring missions Nanjing (XNA) May 03, 2019 China's spacecraft tracking ship Yuanwang-7 is sailing to the Pacific Ocean, beginning its first maritime space monitoring mission this year. The ship departed from a port in eastern China's Jiangsu Province Wednesday. As a part of China's new generation of spacecraft tracking ships, Yuanwang-7 is about 220 meters long, 40 meters high and has a displacement of nearly 30,000 tonnes. It can perform tasks in the Pacific Ocean, the Indian Ocean and the Atlantic Ocean within 60 degrees north and ... read more
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