Low-Altitude Economy
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China Media Group Eyes on Future Industries, Six Future-Oriented Arenas Reveal Chinese Solutions
Newsfile· 2025-12-12 02:10
China Media Group Eyes on Future Industries, Six Future-Oriented Arenas Reveal Chinese SolutionsDecember 11, 2025 9:10 PM EST | Source: HmediumBeijing, China--(Newsfile Corp. - December 11, 2025) - China Media Group has held its inaugural "Direct to the Future" Annual Ceremony. The event, themed "The Industries of Tomorrow, The Future of Industry," highlighted six key sectors including the low-altitude economy, artificial intelligence, and embodied intelligence. It showcased cutting-edge innov ...
Zhibao Technology's Subsidiary, Sunshine Insurance Brokers, Expands into Low-Altitude Economy Insurance Market Through Strategic Cooperation with F+More
Newsfile· 2025-05-27 12:57
Core Insights - Zhibao Technology's subsidiary, Sunshine Insurance Brokers, has entered a strategic partnership with F+More to tap into China's low-altitude economy insurance market, projected to reach RMB 3.5 trillion by 2035 [2][6][10] - The partnership aims to leverage Sunshine's digital insurance brokerage capabilities and F+More's expertise in the low-altitude economy to create customized insurance products for the drone sector [4][10] Company Overview - Zhibao Technology Inc. is a leading InsurTech company in China, focusing on digital insurance brokerage services and has pioneered a B2B2C digital embedded insurance model [11] - Sunshine Insurance Brokers has launched digital insurance brokerage services for F+More's clients, aiming to cover all provinces in China [3][4] Market Opportunity - The low-altitude economy, which includes commercial drones and urban air mobility, is expected to grow significantly, with the low-altitude insurance market projected to reach RMB 8-10 billion by 2035 [6][7] - The low-altitude airspace economy in China exceeded RMB 500 billion in 2023, indicating substantial growth potential for specialized insurance providers [6] Strategic Collaboration - The partnership integrates real-time flight data with risk assessment mechanisms, enabling rapid policy customization and automated claims processing [4][5] - Both companies aim to establish competitive advantages in the low-altitude insurance landscape through joint development of insurance products [4][5] Industry Developments - Recent advancements, such as the successful public road test flight of a flying car, signal a shift towards commercialization in the low-altitude economy [8] - China is positioned to benefit from these trends due to its strategic advantages in drone technology and logistics [8][9]