Satellite industry summit held in Yantai
China DailyA satellite industry summit was held in Yantai, a coastal city in East China's Shandong province, on July 7. The summit issued policies on the Yantai High-tech Zone accelerating the development of satellite research and applications to bolster the city's satellite and application industries. The Yantai Satellite Industrial Park and the Shanghai Beidou Navigation Technology Innovation Functional Platform Scientific and Technological Achievement Transformation Center were unveiled at the summit. According to Yu Wenxian, chief scientist of the China Beidou West Hongqiao Base, the center will be developed into an innovation platform for the navigation industry that engages in research and development, industrialization, and investment to enhance the city’s implementation of the national Beidou strategy.