Today (September 12), the China Satellite Navigation Association released the "2024 China BeiDou Industry Development Index Report" in Wuhan. The report indicates that, as of the first half of this year, the comprehensive development index for China's BeiDou industry stands at 1431 points, marking a year-on-year increase of 9.07%. The industry is steadily entering a new phase of high-quality development.

The "2024 China BeiDou Industry Development Index Report" is the only research report in China focusing on the industrial development index in the BeiDou field, presenting a comprehensive, objective, detailed, and systematic overview of the various aspects of the nation's BeiDou industry development through an indexing format.

With the introduction of the "Action Plan for Promoting Large-scale Equipment Upgrades and Exchanges for Consumer Goods" this year, industries such as transportation, agriculture, and municipal services have effectively increased the sales of various BeiDou terminal devices through equipment upgrades and the exchange of old consumer goods, thereby expanding the scale of the BeiDou application market.

The "2024 China BeiDou Industry Development Index Report" shows that as of the first half of this year:

The BeiDou industry chain and supply chain in China are secure and robust, having achieved a production scale in the hundreds of millions.

The total application volume of various types of BeiDou terminal devices in China is approaching 27 million units/set, an increase of over 4 million units/set compared to the same period last year, representing a year-on-year growth of 17.4%. The penetration rate of BeiDou applications has exceeded 50%.

Currently, the BeiDou system is widely applied across various sectors of China's economic and social development.