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China to offer geographic information at low cost

China: China plans to offer basic geographic information at low cost or even for free in the future so as to boost development of the geomatics industry, according to the National Geoinformation Authority. The government also plans to invest more to buy services from social sectors, take measures to encourage companies to compete internationally, boost growth in consumption of geographic information, and invigorate private investment in this sector.

Marked by great technological advances and service expansion, the geomatics industry has grown rapidly in recent years in China, with an average growth rate of more than 25 percent since 2008. According to a guideline issued by the General Office of the State Council, the country aims to foster several leading geomatics enterprises and a batch of medium and small-sized companies in the next five to 10 years.

Source: Shanghai daily