Firms have high hopes for low-altitude biz
8 months, 1 week ago

Firms have high hopes for low-altitude biz

China Daily  

Growers get training to use unmanned aerial vehicles to protect crops in Mengcheng county, Anhui province, in March. HU WEIGUO/FOR CHINA DAILY China's low-altitude economy, which is regarded as a strategic emerging industry, is poised to see speedy growth in the coming years, fueled mainly by investments in related infrastructure construction, policy support from authorities and commercial applications in diverse scenarios like passenger transport, tourism and logistics, industry experts said. They noted the country's emphasis on developing the low-altitude economy is conducive to bolstering urban industrial upgrades, fostering new economic growth drivers and alleviating urban traffic congestion, adding that the sector boasts huge market potential and promising development prospects. The low-altitude economy, which plays a key part in nurturing new quality productive forces and serves as a new growth engine, has been written into this year's Government Work Report for the first time. The certificate, issued by the Civil Aviation Administration of China, is the world's first production certificate granted in the global eVTOL industry, marking another significant step toward mass production of eVTOL aircraft and follow-up commercial operations.

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