The Chinese navigation system has ascended to a dominant position in its home market, driving nearly US$80 billion of economic output last year
The BeiDou satellite navigation system, China’s answer to GPS, cemented its leading position in the Chinese market last year, as its economic footprint grew more than 7 per cent and it expanded its compatibility to support a broader range of devices.
The home-grown system – named after the seven bright northern stars used for navigation in ancient China – drove a total of 575.8 billion yuan (US$79.9 billion) of economic output in 2024, up 7.39 per cent year on year, according to data published on Sunday by the GNSS and LBS Association of China, a semi-official industry body.
BeiDou is now compatible with 288 million smartphones – mostly produced by domestic brands like Huawei and Xiaomi – in China, and is used to track locations more than 1 trillion times every day, the association said.
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