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China’s Low-Altitude Economy Takes Flight: Global Ambitions Face Turbulence?

China is positioning itself as a global leader in the low-altitude economy, with drones and electric vertical takeoff aircraft (eVTOL) driving a sector projected to exceed $1 billion by 2030. The industry's rapid growth was showcased at November's AERO Asia expo in Guangdong, where deals worth 7 billion yuan ($989 million) were signed and 837 aircraft sold to international buyers.

This strategic push follows the formal inclusion of 'low-altitude economy' in national policy documents since 2023, covering airspace below 3,000 meters for applications ranging from emergency medical deliveries to industrial inspections. Analysts anticipate strengthened support through China's upcoming 15th Five-Year Plan, currently under development.

While domestic progress accelerates – evidenced by participation from 380 companies across 22 countries at AERO Asia – challenges persist in global scaling. Technical standardization, international airspace regulations, and competition from established aerospace markets remain key hurdles for Chinese manufacturers.

The sector's internationalization efforts gained momentum through November's Low-Altitude Economy Conference, which drew 300 global experts. Collaborative projects with partners from France to Cameroon signal growing cross-border interest, though industry leaders caution that technological parity with Western competitors remains a work in progress.

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