China's satellite navigation industry output hits 469 billion yuan
SOURCE: CASC
UPDATED: 2022-05-20
The total output value of China's satellite navigation and location services industry reached 469 billion yuan (about 69.6 billion U.S. dollars) in 2021, up 16.3 percent from the previous year, according to an industry white paper released on Wednesday.
China remained the top source of international satellite navigation patent applications last year, with a total of 98,000 applications, said the white paper issued by the Global Navigation Satellite System and Location Based Service Association of China.