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Highlights of new quality productive forces: Low-altitude economy

By Yang Yang | chinadaily.com.cn | Updated: 2024-12-23 09:01
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Supporting policies in China

A flying car developed by Xpeng Aeroht performs at the China International Aviation and Aerospace Exhibition, also known as Airshow China in Zhuhai, South China's Guangdong province, on Nov 10, 2024. [Photo/Xinhua]

National-level

  1. The concept of "low-altitude economy" was included in national planning in February 2021.
  2. The low-altitude economy was listed as a strategic emerging industry at the Central Economic Work Conference in December 2023.
  3. The low-altitude economy was proposed to be built actively as one of the new growth engines in the Government Work Report in March 2024.
  4. Clear requirements for the development of the low-altitude economy was put forward at the Third Plenary Session of the 20th CPC Central Committee in July 2024.

Local level

  1. The low-altitude economy was written into the local government work reports or relevant policies of nearly 30 provinces, municipalities and autonomous regions since the start of 2024.
  2. Fifteen cities including Beijing, Shanghai, Hangzhou and Hefei have joined hands with enterprises to build a low-altitude economic ecosystem.
  3. Some local governments have also established special industrial funds to provide a financial basis for low-altitude economic development.
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