At a press conference held on September 22, Li Chao, the Deputy Director of the Policy Research Office at the National Development and Reform Commission and its official spokesperson, announced that concerted efforts will be made to propel the scale of the Beidou industry to surpass RMB 1 trillion within the next five years. This initiative aims to achieve fresh milestones in the marketization, industrialization, and globalization of Beidou's extensive applications.
