Core Viewpoint - The article emphasizes the development of the low-altitude economy in Shanghai, aiming to establish it as a global hub for electric vertical takeoff and landing (eVTOL) aircraft by 2028, with a projected industry scale of approximately 80 billion yuan. Group 1: Industry Development - The "14th Five-Year Plan" suggests creating emerging pillar industries and accelerating the development of strategic emerging industry clusters, including the low-altitude economy [1] - Shanghai has gathered over half of the country's leading eVTOL companies, leveraging its advanced manufacturing capabilities and complete industrial chain [1] - The total order value for eVTOL companies in Shanghai's Minhang District exceeded 15 billion USD in 2025 [5] Group 2: Technological Advancements - The eVTOL aircraft acts as a "supermarket" for airborne systems, integrating supply chain, R&D, manufacturing, and operational services, significantly reducing the R&D time for manufacturers from several months to about one month [7] - A new generation of lightweight transponder products has been launched, reducing weight to 300-400 grams and costs from over 100,000 yuan to 20,000-30,000 yuan, making eVTOLs more affordable [10] Group 3: Policy Support and Infrastructure - Shanghai's recent support measures include financial incentives for R&D and assembly projects, with up to 100 million yuan for complete manufacturing projects and 5 million and 2 million yuan for key technology breakthroughs and pilot verification platforms, respectively [13] - The establishment of a technology R&D joint center and other facilities is planned to enhance collaboration between state-owned and private enterprises in the low-altitude industry [14] Group 4: Testing and Application Scenarios - Shanghai is accelerating the implementation of application scenarios, transforming urban areas into supply chains, testing grounds, and future markets, with 30 companies having applied for test flights at two urban testing sites [16] - The city plans to create a matrix of testing sites, including various scenarios to explore a comprehensive "Shanghai solution" for standards, airworthiness, and testing [18][20]