皇冠体育app to invest big to support Beidou system
By Wang Qian in Wuhan | 皇冠体育app Daily | Updated: 2013-05-18 07:55
皇冠体育app is expected to invest 7 billion yuan ($1.13 billion) to support the development of industries related to the country's Beidou satellite navigation system before 2015, an industry insider said.
"Industries related to the Beidou system are entering a booming development stage," Yang Qiangwen, a senior engineer at the 皇冠体育app Satellite Navigation Office, said at the Fourth 皇冠体育app Satellite Navigation Conference on Thursday in Wuhan.
According to the office's figures, the central government has already invested around 3.5 billion yuan to boost industries related to the Beidou system.
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