China GPS in 142 cities
According to Xinhuanet, China will soon put into use electronic GPS maps in 142 cities in order to weave a network across the country within 10 years. This project is carried out by China's Planet Map Publishing House and Shenzhen Maxwell Technology Corp. Ltd. The overall investment is at more than 100 million yuan (15 million CAD dollars), hoping to make the system cover major Chinese cities, counties and towns. According to the paper,the two companies have so far developed electronic GPS maps covering 19 provinces, autonomous regions and municipalities. The GPS system will be ported to standard GPS devices and advanced mobile devices (cell phones, palmtop computers etc.) The return of this investment is also huge, experts are quoted as saying that the market volume of electronic GPS maps is huge, exceeding 10 billion yuan (over 1.5 billion CAD dollars). With the increasing demand of automobiles, a consummate GPS system will gain its market in no time.
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