China’s geospatial industry is rapidly advancing, with a gross value of $113.86 billion in 2023, reflecting a 4.2% increase from the previous year. This growth, driven by the digital economy, highlights a near-complete value chain in location-based data services used across sectors including manufacturing, energy, and smart cities.
The government’s investment in geospatial technology, such as satellite systems and positioning services, supports innovation and efficiency. This sector, integral to the digital economy, enhances capabilities in Earth observation and smart city operations, significantly improving China’s global standing in geospatial technology.