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China releases geoinformation industry plan

China: China‘s National Administration of Surveying, Mapping and Geoinformation (NASG) recently issued its first development plan for the geospatial information industry.

According to the proposed plan, China will focus on developing remote sensing services as well as manufacturing surveying and mapping equipment and navigation systems. China sees the geoinformation industry as a new source for economic growth and plans to establish a comprehensive system with independent intellectual property rights by 2020.

China‘s independently-developed Beidou navigation satellite system achieved positioning accuracy within one meter in May and is expected to be applied in sailing, marine exploration and rescue, and maritime monitoring.

The Beidou navigation satellite industry alone will have an output value of 400 billion yuan (about 65 billion U.S. dollars) by 2020, according to a geo-spatial information expert.

Source: NASG