Zhejiang’s Low-Altitude Economy Perspective: A Way Forward for Struggling Localities
Zhejiang’s Low-Altitude Economy Takes Flight
With local economies facing challenges, many regions are embracing the low-altitude economy as a beacon of hope. The sector encompasses activities below 1,000 meters, utilizing UAVs and eVTOLs to drive development. Investment is pouring in as locales strive to become recognized Sky Cities, with places like Shenzhen and Beijing-Tianjin-Hebei setting ambitious targets.
Investment and Development
- Last year, the low-altitude economy in China reached 506 billion yuan, growing nearly 34% annually according to CCID Consulting.
- Prospects suggest it could exceed 1 trillion yuan by 2026, bolstered by ongoing urban development.
Regional Strategies
Regions like Guangdong are at the forefront, focusing on attracting drone industry investments. Shenzhen produced 75 billion yuan from its drone sector alone in 2022, dominating a significant portion of the global market.
Future Prospects
- Many locales aim to develop low-altitude tourism.
- Investment funds, ranging from 1 billion to 20 billion yuan, have begun to emerge across various cities.
In conclusion, experts insist that while the prospects are bright, regions must strategically align their approaches to ensure sustainable growth without overextending their financial capabilities.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.