Chongqing - Driven by national policies and a vast market, cities across China are developing sophisticated strategies to tap into the burgeoning low-altitude economy.
Southwest China's Chongqing has developed a complete industry chain for the low-altitude economy, covering R&D, high-end materials, aero engines, UAV manufacturing, support services, and satellite applications, according to a press conference on May 6.
Data shows that Chongqing hosts 40 key companies in the low-altitude economic equipment manufacturing sector, achieving an output value of 8.03 billion yuan (USD about 1.11 billion) in 2023, up 4.3% from the previous year.
Another notable development is that Chongqing is the sole location in southwest China, operating short-distance transport routes. In the year's first quarter, the city conducted 200 flights, transporting 732 passengers.
It has initiated five pilot transport routes, including Liangping-Wulong and Qianjiang-Yongchuan, to establish an air network across various city regions.
Liangping District in Chongqing is at the forefront of this initiative, striving to become a leading low-altitude city in western China with national influence.
Recognized as one of the initial pilot districts for the low-altitude economy, the district offers excellent navigation conditions and a variety of landscapes.
The district's unique pastoral scenery, which includes wetlands and cultural heritage, supports various low-altitude applications like cultural tourism. Additionally, its role as a hub for prepared foods and a strategic material reserve in western China enhances its low-altitude logistics capabilities, accommodating needs for efficient freight handling.
The press conference announced the creation of a one-billion yuan fund to boost low-altitude economic growth in the district. Businesses in sectors like aerial surveying, agriculture, and aviation tourism, earning over 5 million yuan annually, will receive 2% of their revenue subsidies, up to 1 million yuan.
By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.
For any inquiries, please email service@ichongqing.info