Patent applications are globally leading! Last year, China's satellite navigation and positioning services generated over 570 billion yuan in revenue.

Today, the China Satellite Navigation Positioning Association released the "White Paper on the Development of the Satellite Navigation and Location Service Industry in China by 2025." The White Paper shows that by 2024, the overall output value of China's satellite navigation and location service industry, centered around Beidou, reached 575.8 billion yuan, a year-on-year increase of 7.39%.