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Highlights of new quality productive forces: Low-altitude economy

Updated: Dec 23, 2024 By Yang Yang chinadaily.com.cn Print
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Prosperity, also known as an "air taxi", is developed by AutoFlight, a leading eVTOL developer based in Shanghai. [Photo provided to chinadaily.com.cn]

Editor's note: As a highlight of new quality productive forces, China's low-altitude economy is undergoing a transformative evolution, marked by a diverse range of application scenarios, broad market prospects and huge development potential.

The concept of 'Low-altitude Economy' was first proposed academically in 2010, first proposed in policy in 2021, first proposed by the top leaders in 2023, first proposed in law on Jan 1, 2024 and officially included in the national Government Work Report in March, 2024.

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