The Beidou Navigation System is revolutionizing China's geo-spatial information industry, particularly in Wuhan, which boasts a unique advantage in this sector. With the successful deployment of the third mapping satellite, the industry is poised for exponential growth, potentially reaching a trillion yuan by 2020.
Wuhan's geo-spatial information industry is set to soar with the successful deployment of the third mapping satellite, Beidou. This advancement is expected to drive the industry's output to 500 billion yuan by 2015 and one trillion yuan by 2020. The city's strategic position, bolstered by significant investments and a robust academic foundation, makes it a pivotal player in the global geo-spatial arena.
Wuhan stands out in the geo-spatial information industry due to its strategic advantages and robust infrastructure. The city is home to 19 mapping geographic information sectors, with eight academicians from the Chinese Academy of Sciences specializing in surveying and mapping. This accounts for 42% of the national total. Additionally, Wuhan hosts over 300 experts and a State Key Laboratory of Information Engineering in Surveying, along with several national and ministerial research centers.
Geo-spatial information technology, also known as "3S" technology, comprises Geographic Information Systems (GIS), Global Positioning Systems (GPS), and Remote Sensing (RS). This technology is considered one of the frontier areas of international science and technology, alongside nanotechnology and biotechnology. In developed countries, "3S" technology has become a crucial component of the IT industry.
Wuhan's East Lake High-tech Zone has established special funds to support the geo-spatial information industry. A strategic cooperation agreement with Minsheng Bank's Wuhan Branch aims to invest 2 billion yuan over the next five years to support related businesses in the industry cluster.
A recent Pentagon report has disclosed new details about China's space weapons program. The report highlights China's advancements in various satellite technologies, including communication, navigation, Earth resources, meteorological, intelligence, surveillance, and reconnaissance satellites. These advancements pose a significant threat to the U.S. military, which relies heavily on satellite and space resources.
Zhang Jianheng, Deputy General Manager of the China Aerospace Science and Technology Corporation, revealed in an interview that China's Beidou Navigation System is expected to achieve complete coverage of the Asia-Pacific region by the first half of this year. This development is anticipated to spur significant growth in applications during the second five-year plan.
Wuhan's unique position in the geo-spatial information industry, combined with strategic investments and advancements in satellite technology, positions it as a global leader in this field. The successful deployment of the third mapping satellite and the expansion of the Beidou Navigation System are set to drive unprecedented growth and innovation in the industry.
By leveraging its academic prowess, strategic investments, and cutting-edge technology, Wuhan is set to become a global leader in the geo-spatial information industry.
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