Published: 12:46pm, 15 Apr, 2019 Updated: 10:14pm, 15 Apr, 2019
China’s satellite navigation system, Beidou, is predicted to create a CNY2tn ($298bn) services market by next year, according to the secretary general of China’s association of global navigation system applications and location-based services. Zhang Quande told a conference in Shenzhen that the system was poised to enter a period of rapid expansion, as part of the country’s efforts to lower its reliance on US GPS.