Industry News

On May 18, the *2026 China BeiDou Spatio-Temporal Industry Development White Paper* was released in Beijing. According to data from the white paper, in 2025, the total output value of China’s satellite navigation industry reached 629 billion yuan, representing a year-over-year increase of 9.24%. In the face of the accelerating evolution of artificial intelligence, Beidou is also undergoing transformation and making significant strides.

A report released Monday by the China Global Navigation Satellite System and Location Services Association (GLAC) indicates that by 2025, the total output value of China’s Beidou navigation industry will reach 1.33 trillion yuan (approximately $195 billion). This was reported by China Global Television Network (CGTN).

Today is the eleventh "China Space Day", which is also the 70th anniversary of China's space industry. From "Dongfanghong No. 1" to "Beidou" to serve the whole world, for 70 years, the Chinese astronauts have used the spirit of "Two Bombs and One Star", the spirit of manned spaceflight and the spirit of "Beidou" in the new era to build a monument in the vastness of space that has attracted the attention of the world. The spirit of "Beidou" and the spirit of manned spaceflight, together with the spirit of the new era, have forged a monument in the vastness of space that has attracted the attention of the world.

In the past two days, the astronaut crew of Shenzhou XIV successfully left the module again, and the scientific research results of China's Mars exploration mission were released. What are the "firsts" and breakthroughs achieved in these space events?

The BeiDou-3 global satellite navigation system has a total of 45 service satellites in orbit, including 15 BeiDou-2 satellites and 30 BeiDou-3 satellites, and the current BeiDou system operates continuously and stably, with a global horizontal positioning accuracy of about 1.52 meters and a vertical positioning accuracy of about 2.64 meters; the speed measurement accuracy is better than 0.1 m/sec, and the timing accuracy is better than 20 nanoseconds.

According to CCTV News on June 5, the Long March 2F Remote 14 launch vehicle carrying the Shenzhou 14 manned spacecraft was ignited and launched with complete success at the Jiuquan Satellite Launch Center at 10:44 p.m. Beijing time on June 5, 2022, according to the China Manned Space Engineering Office.

The timing service of BeiDou system is to disseminate the China standard time from the National Timing Center of the Chinese Academy of Sciences to the applications in various industries through satellite service to ensure the synchronization and accuracy of time.

Today (24th) is China's seventh China Aerospace Day, and a variety of celebrations are being held across the country. And the aerospace people at Xichang Satellite Launch Center will spend the holiday at their posts today.

The operation scale of Beijing Agricultural and Commercial Bank of China (BCCB) has exceeded one trillion yuan, and the ntp network synchronization server has been moved into BCCB, which has been awarded the "Best Agricultural and Commercial Bank in China" for nine consecutive years, and has been selected as one of the "China's 500 Most Valuable Brands" by the World Brand Lab for four consecutive years, and its brand image and social influence have been continuously enhanced. Brand image and social influence continue to improve.

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