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Currently, China has about 14,000 enterprises and more than 500,000 people who work on businesses related to satellite-based navigation systems, according to a report from the Global Navigation Satellite System and Location-based Services Association of China (which is abbreviated as the GLAC). It was founded in 1995 to promote the commercial application of Beidou technologies. As I see it, it will power Beidou ahead on its global journey.

DALIAN - China's reform needs the participation of foreign capital, companies and wisdom, Chinese Premier Li Keqiang said on Wednesday, pledging easier access to the Chinese market and a level playing field.

Currently, China is the fastest-growing market for beef consumption globally, and the imported beef mainly comes from Australia, Argentina, Brazil and Uruguay. Last year, consumption of beef in China reached 8 million metric tons, and the market scale achieved 360 billion yuan (.7 billion), according to the Ministry of Commerce.

Customs officials in Yiwu, Zhejiang province, inspect e-commerce parcels from South Korea. [Photo by Lyv Bin/For China Daily]

Currently, about 500,000 of its more than 3 million machines and engines in service around the world have become connected with each other, Chen said.