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Ascending Innovations: China’s Leap into the Low-Altitude Economy
The Advent of Low-Altitude Economy in China
In recent years, China has embarked on an ambitious project to cultivate a new economic sector termed the “low-altitude economy.” This initiative is spurred by advancements in aviation technology and is poised to transform how goods and services are delivered across urban and rural landscapes. China’s low-altitude economy encompasses activities conducted within an airspace up to 1,000 meters above ground, including logistics, passenger transport, and other UAV-driven services.
Governmental Endorsement and Strategic Development
In March 2024, during the opening of the National People’s Congress, Chinese Premier Li Qiang included the development of the low-altitude economy in the government’s work report. This marked the first time such a strategy was officially acknowledged at the national level, signaling strong governmental support for this burgeoning sector. The goals are clear: to harness this new economic frontier to tackle challenges like labor shortages, disaster management, and carbon emission reductions.