Posted 12/20/2023, 3:00:12 PM
China Bets on Vast Potential of Drones and Low-Altitude Transport to Add $700 Billion by 2025
- China's low-altitude economy (drones, helicopters, etc.) could contribute $700 billion by 2025
- China views the low-altitude economy as a strategic emerging industry with vast growth potential
- The number of civilian drones and pilots in China has grown rapidly, with over 1 million drones registered
- The low-altitude economy leverages information technology and has wide application prospects
- 16 Chinese provinces have included the low-altitude economy in government work plans, showing high-level support