China sees satellite navigation industry output growth in 2024

BEIJING -- The total output value of China's satellite navigation and positioning service industry reached 575.8 billion yuan ($79.9 billion) in 2024, up 7.39 percent year-on-year, according to a white paper published Sunday.

This year's white paper on the development of China's satellite navigation and positioning service industry noted that by the end of 2024 the cumulative number of satellite navigation patent applications in China had exceeded 129,000 and approximately 288 million mobile phones in the country were equipped with positioning capabilities enabled by the BeiDou Navigation Satellite System.