In the bustling city of Shenzhen, located in south China’s Guangdong Province, innovation is taking flight—literally. A drone takeout cabinet in a local park has become a popular spot among residents. By scanning a QR code, customers can purchase food and have it delivered by drones in as little as thirty minutes, thanks to precise positioning technologies.
In February, a five-seat electric vertical take-off and landing (eVTOL) aircraft completed its inaugural intercity electric air-taxi demonstration flight from Shenzhen to a ferry port in the neighboring city of Zhuhai. The journey took only 20 minutes, a significant reduction from the over two-hour trip by car.
This burgeoning low-altitude economy, which includes both traditional aviation businesses and innovative services supported by drones, is emerging as a new driving force in China’s economic development. Notably, the low-altitude economy was highlighted in China’s government work report for the first time this year, signaling its growing importance.
During the third plenary session of the 20th Communist Party of China (CPC) Central Committee in July, China pledged to develop the general aviation and low-altitude economy. The government aims to improve institutions and mechanisms to foster new, high-quality productive forces tailored to local conditions.
Industry experts believe that the low-altitude economy holds significant potential for growth. By integrating cutting-edge technologies with traditional industries, it creates new opportunities in sectors such as logistics, transportation, tourism, and emergency rescue services.
The advancement of the low-altitude economy not only accelerates transportation efficiency but also opens up new avenues for business and investment. Entrepreneurs and investors are eyeing the sector for its promising returns and innovative prospects.
As China continues to prioritize high-quality development, the low-altitude economy represents a strategic move to unlock new economic potential. By embracing technological advancements and fostering supportive policies, China is paving the way for a dynamic and influential role in the global aviation industry.
Reference(s):
China develops new growth engine through low-altitude economy
cgtn.com
