Transportation Innovations in Shenzhen with US$1.7 Billion Investment

Revolutionizing Urban Mobility with Strong Investments

Shenzhen has announced a substantial investment of 12 billion yuan (US$1.7 billion) to bolster its infrastructure for the low-altitude economy over the next two years. This initiative aims to lay the groundwork for new modes of transportation, including flying taxis and drones for deliveries.

Infrastructure Development for Low-Altitude Activities

• Construction of over 1,200 take-off and landing platforms by 2026.
• Completion of 249 existing facilities by mid-year, with plans for 147 additional platforms.
• Launch of over 8,000 new 5G-Advanced base stations to enhance wireless network coverage.

The Smart Integrated Lower Airspace System will act as a critical component, acting as the ‘brain’ for managing air traffic in low-altitude spaces, expected to be operational by the end of this year.

Future Prospects and Collaborations

The city is not only focusing on current developments but also plans an additional investment of 20 billion yuan between 2026 and 2030 in the low-altitude economy. This sector incorporates both manned and unmanned aerial activities below 1,000 meters, promising to become a substantial contributor to the economic landscape.

Shenzhen stands out with the world-leading consumer drone manufacturer DJI based in the city, alongside esteemed industry players like Meituan and Xpeng, who are exploring innovative technology applications within urban environments. Interestingly, there are now more than 1,500 drone-related companies in Shenzhen, with economic projections estimating their output to exceed 100 billion yuan by 2025.

Collaboration Across the Greater Bay Area

These developments tie into the broader initiative of the Greater Bay Area, which aims to unify transport across cities like Beijing, Hong Kong, and Guangdong. Efforts are concentrated on enabling seamless cross-border transportation to forge new economic avenues.

Zhu Wei, deputy director of the Guangdong provincial development, emphasized mutual growth opportunities in the low-altitude economy during a recent conference, highlighting the collaborative spirit among the involved territories.