China clears US$70 billion ‘low-altitude economy’ for take-off with promise of minimal interference
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China has given the green light for more activity by drones and other aerial vehicles in its pursuit of a 'low-altitude economy'. The Civil Aviation Administration of China (CAAC) will improve support services for low-altitude flight activities and refine the airworthiness certification system for unmanned aircraft. The 'low-altitude economy' refers to a wide range of industries related to vehicles operating below an altitude of 1,000 meters. The sector grew by 33.8% in 2023 to 506 billion yuan (US$70 billion) and is expected to surpass 1 trillion yuan by 2026. China aims to jump-start supply and innovation in general aviation equipment by 2027, with applications in urban air transport, logistics, and emergency rescue. The scale of China's eVTOL industry is projected to reach 9.5 billion yuan by 2026. Civil drones and industrial drones saw market shares increase in 2023, with applications expanding to include emergency support, energy inspection, and agriculture and forestry protection.
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