China
2nd satellite joints navigation system
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Chen Zhonggui, Vice-general engineer of Compass Navigation Satellite system, said, "We expect to be able to build a global navigation system before 2020."
The application of a satellite navigation network has become more widespread in China.
And its market scale is doubling every two years.
Zhao Xiaojin, from China Aerospace Sci-Tech Co. said, "Once the Beidou navigation system is completed, its application on the ground will create an enormous industry. Its scale is estimated at over one hundred billion yuan."
Satellite navigation technology has been used in various sectors in China, including transport, exploration and quake monitoring.
So far, the number of subscribers in China's own Beidou system has reached over 40-thousand.
Experts say that with the development of this satellite navigation technology, related high-tech industries in the country are expected to gain momentum.
Editor:Liu Anqi