LOW-ALTITUDE ECONOMY,A BUZZING NEW GROWTH ENGINE

Low point is the new high point. With electric drones and other aircraft capable of taking off and landingvertically becoming part of people’s everyday life， like flying taxis and drone delivery services， the low-altitudeeconomy – which generally denotes manned and unmanned activities in airspace below 1，000 meters – hasbecome China’s new growth engine.

Last year China’s annual central economic work conference called the low-altitude economy a strategicemerging industry and subsequently， the 2024 government work report mentioned it as a new growth engine.Across the country， provinces and even cities are tailoring local policies to ramp up the commercialization ofthe sector boosted by new technology.

This issue’s Special Report looks at the panorama of the low-altitude economy in China， zooming in on differentsections of the industrial chain as well as individual companies. It also focuses on policies as well as theexchanges and mutual learning between China and the rest of the world in this sector.