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Golden era for low-altitude economy: CPPCC delegates

Purton by Purton
7 March 2025
in Business, News
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Golden era for low-altitude economy: CPPCC delegates
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China has ushered a golden era to develop the so-called “low altitude” economy, or even a “sky city”, according to delegates at the country’s top political advisory body.

It comes as the annual “Two Sessions” continues in Beijing, featuring delegates at the National People’s Congress and the Chinese People’s Political Consultative Conference (CPPCC).

Speaking at a press event in the capital, Yang Yi, a CPPCC delegate, who is also a senior technical expert at the Aviation Industry Corporation of China, said the low-altitude economy is one example of “new quality productive forces”, as it has vast potential to open up a new industry while reshaping the current sectors.

“China has ushered in the golden period of developing the low-altitude economy, it is now the industry’s ‘take-off’ period, and the low-altitude economy will become a new engine of China’s economic growth, to spark new consumption trends,” she told reporters.

“The idea of building a city in the sky will no longer be simply a dream,” she added, noting this year’s key tasks include gradually opening up the nation’s aerial space, enhancing regulatory frameworks and safety, continuing technological innovation, while encouraging market engagement.

Separately, Xu Xiaolan, a vice chairperson of the standing committee of the CPPCC National Committee, who is also the vice chairwoman of the All-China Women’s Federation, said the country’s internet-based industrial production had expanded to cover 49 economic fields, involving some 1.53 trillion yuan.

Xu, a computer scientist, who is also the former vice minister of the Industry and Information Technology of China, added the latest breakthroughs achieved by DeepSeek have also been applied to various sectors including the search engines, text generating, medicine, culture, and tourism.

Tags: BusinessFinance
Purton

Purton

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