At a press conference in September, Li Chao, Deputy Director of the Policy Research Office at the National Development and Reform Commission, addressed a query from reporters of the Securities Times. He stated that Beidou, as a critical piece of national space infrastructure, has moved beyond the phases of technological experimentation and pilot projects. It is now rapidly evolving into a new driver of industrial growth, advancing toward large-scale integration, a well-established ecosystem, and widespread empowerment. By 2025, the total output value of China's Beidou industry is projected to surpass 629 billion yuan, involving over 30,000 related enterprises and institutions and employing more than 2 million individuals, with its application scenarios continuously expanding. Presently, 1.4 billion smartphones, over 50 million electric vehicles, more than 14 million shared bicycles, and 160 million wearable devices in China are equipped with Beidou positioning services. This has resulted in a comprehensive service network that covers everyday travel and emergency situations, ultimately benefiting the general public.
