Thursday, May 17, 2012
   
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News on GIS, GNSS, spatial information, remote sensing,
mapping and surveying technologies for Asia – ASM

China to Build a National-Level Geographic Information Industrial Park

thumb_china_cityChina has begun construction on a national Geographic Information Industrial Park that will cover 66.7 hectares in Beijing. An investment of 15 billion yuan ($2.2 billion) is being made with funds from the State Bureau of Surveying and Mapping and the Beijing municipal government, with the park set to be operational by 2013.

The mayor of Beijing presided over an opening ceremony this past Sunday and likened the park to a 'Silicon Valley' for the geographic information industry. The first 25 companies to sign contracts to be part of the park were also in attendance, including the state-backed Map World service.

China's geographic information industry is growing rapidly, with industry figures showing revenues of 75 billion yuan in 2009 that are expected to rise to between 90 billion and 100 billion yuan this year, and then close to 300 billion yuan in 2015.

The country's online mapping services market makes up just 2.5 billion yuan of the total, but is expected to drive this sector in the coming years. This state-sponsored industry park should serve to push innovation forward.

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