Shanghai: Beidou Enterprises Reaching out to Countries alongside One Belt One Road

On September 27th, Shanghai Committee of Economy and Information Technology released information that many Beidou enterprises in Shanghai have reached out to countries alongside One Belt One Road in multiply ways and that high-precision positioning technology and its application would become the trend.

The Beidou enterprises in Shanghai took the lead to go abroad and their products have achieved scale application in Southeast Asia countries like Myanmar, Thailand, Vietnam and South Korea. Some of their products are sold in Middle East and Africa, occupying a dominant position in their market. They not only undertake the construction of high-precision infrastructure in multiple countries alongside One Belt One Road, but also provide high-precision positioning equipment and solutions in the fields like geographic information mapping, unmanned aerial vehicles, displacement monitoring and precision agriculture. Some enterprises possess high-precision Beidou/GNSS board card and receiver of their own intellectual property right, and FindNow, an assistant position system to accelerate Beidou developed by Qianxun Network Company. They have provided services to many countries and areas in the world, including countries alongside One Belt One Road.

With the advancement of One Belt One Road, many and more industries in the countries alongside will need positioning services. In the meantime, the parties concerned are promoting China and countries alongside One Belt One Road to strengthen cooperation in scientific innovation and commercialization of research findings of the Beidou system.

Currently the construction of the Global Beidou System is gaining further momentum and it will cover the countries alongside One Belt One Road by 2018. Beidou products enjoy a remarkable market share in countries alongside One Belt One Road on account of their comprehensive advantages, like high performance cost ratio and the unique function of short message.

Shanghai Committee of Economy and Information Technology demonstrates that Shanghai regards the Beidou industry as a new engine and new pillar to promote local economic development and will take multi-pronged measures to promote the development of the Beidou industry. Shanghai boasts human resources, capital, market advantages, strong scientific research strength and a full-fledged industry chain and is China's major place to conduct research and development, production and application of the Beidou navigation industry. The Beidou enterprises in Shanghai will take the opportunity to promote the application of Beidou products in countries alongside One Belt One Road.