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Beijing launches innovation base for Beidou industry

Abstract : Beijing on Thursday launched an innovation base for the Beidou satellite navigation industry, aimed at accelerating the development of high-tech industries, and improving the Beidou industrial ecology in the capital city.

A
carrier rocket carrying the last satellite of the BeiDou Navigation
Satellite System (BDS) blasts off from the Xichang Satellite Launch
Center in southwest China’s Sichuan Province, June 23, 2020.
(Xinhua/Jiang Hongjing)

The
innovation base will bring together advantageous enterprises and
institutions in all links of the industrial chain to provide integrated
services, such as product development, industry incubation,
international cooperation, industry exchange, and application
experience.

BEIJING,
Aug. 27 (Xinhua) — Beijing on Thursday launched an innovation base for
the Beidou satellite navigation industry, aimed at accelerating the
development of high-tech industries, and improving the Beidou industrial
ecology in the capital city.

It
will also help the city’s Beidou navigation and location service
industry to gather core elements, achieve high-quality development, and
promote the formation of a Beidou satellite navigation industrial park
with global influence.

The
innovation base will bring together advantageous enterprises and
institutions in all links of the industrial chain to provide integrated
services, such as product development, industry incubation,
international cooperation, industry exchange, and application
experience.

Beijing
has the most complete Beidou industrial chain layout in the country,
with about 116 major enterprises, and an industrial scale of over 50
billion yuan (about 7.2 billion U.S. dollars) in 2019, said Chen
Huanwen, deputy director with the Beijing Municipal Bureau of Economy
and Information Technology.

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal. China’s silk road economic belt and the 21st century maritime silk road website, include BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: Beijing launches innovation base for Beidou industry

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