China Goes All In on Low-Altitude Economy, Clears $70 Billion to Support Drones and Air Taxis

China clears $70 billion "low-altitude economy" for take-off, vows minimal interference and support for aerial vehicles
Aims to improve services like approvals, traffic management, weather data to aid drone and aircraft innovation
Multifaceted effort to bolster strategic emerging "low-altitude economy" industries below 1,000 meters altitude
Applications widening from tourism airships to eVTOL aircraft for cargo transport, emergency rescue
Civilian drones pioneering adoption in agriculture, forestry, fisheries; logistics expanding to urban areas