The annual output value of China’s satellite navigation industry is estimated to reachmore than 225 billion yuan (35.64 billion U.S. dollars) in 2015, according to a latest researchreport on the country’s geographic information sector. Compiled by a think-tank under the National Administration of Surveying, Mapping and Geoinformation, the report predicted the industry would become the country’s third new ITeconomic growth point, after mobile communication and Internet. Read More
