BEIJING: Beidou, China’s answer to the US-owned GPS navigation system, will back domestic products and related services worth 1 trillion yuan (RM646.15bil) by 2025, the official Xinhua news agency said on May 26.
The homegrown Chinese navigation network, completed in June 2020, looks to offer an alternative to the Global Positioning System (GPS) run by the US Air Force, spurring further growth in the domestic satellite market.
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