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Xinhua: Beidou System will be Globally Competitive by 2020

Xinhua recently reported that key infrastructure facilities have started construction work on the Beidou System, which is the Chinese global positioning system. Shanghai Comprehensive Positioning Services Platform as well as Shanghai Guidance and Positioning Test Center are the two main projects in the plan. The goal is to establish a service platform which offers the Beidou System as a core service while providing compatibility to the U.S. GPS system. The platform is also designed to integrate with mobile communications networks, digital text messaging systems, and Internet connections. Based on the plan, Shanghai will have an established satellite services industry with a large business market volume by 2015. By 2020, Chinese global positioning services should be able to compete globally.
Source: Xinhua, September 11, 2012