China accelerates production of drones for low-altitude economy, but is the sector directionless?
3 weeks, 2 days ago

China accelerates production of drones for low-altitude economy, but is the sector directionless?

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The low-altitude economy is short on infrastructure and many investors lack information and guidance about how the sector could develop in China A Chinese drone manufacturer is gearing up to mass-produce a compact, six-ton aircraft designed for the burgeoning “low-altitude economy,” a sector projected to grow significantly by 2030 with the rise of aerial taxis and drone deliveries. However, Beijing has prioritised domestic development to capitalise on its emerging low-altitude economy— a sector encompassing manned and unmanned operations at altitudes below 1,000 meters. “There is no mature business model for the low-altitude economy to learn from abroad,” said Luo Jun, executive director of the China Low Altitude Economic Alliance, in a statement earlier this year. While China presses ahead with innovation and production, the path to building a fully functional low-altitude economy remains fraught with uncertainty.

History of this topic

Low-altitude economy booms in Greater Bay Area
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2 weeks, 3 days ago
Low-altitude economy booms in Greater Bay Area
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2 weeks, 3 days ago
Low-altitude economy booms in Greater Bay Area
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3 weeks, 5 days ago
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3 months ago
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