Wednesday, July 9th, 2014
Many reports in the Chinese media have indicated that Alibaba, China’s largest e-commerce site that is on an investment spree, will team with State-owned China North Industries Group to promote the commercial uses of the Beidou navigation system. The investment has been reported at 1 billion yuan ($160 million) according to Dazhihui News Agency.
Monday, May 26th, 2014
The International Maritime Organization has ratified the performance standard of a receiver of the shipborne BeiDou Navigation Satellite System (BDS), the Ministry of Transport revealed Wednesday. This is the first BDS to be standard approved by an international organization. It marks the first step for China’s home-grown system in its quest to go global, according