Core Insights - The 27th China International High-tech Achievements Fair in Shenzhen showcased the booming low-altitude economy, with transaction intentions and investment amounts exceeding 170 billion yuan, marking a 13% year-on-year increase [2] - The low-altitude economy is emerging as a multi-trillion yuan market, integrating advanced manufacturing, software, new materials, and renewable energy, aligning with China's pursuit of high-quality development [2] Industry Developments - The low-altitude economy exhibition area, covering over 20,000 square meters, featured more than 500 exhibitors and highlighted the entire industry chain from drones to flying cars and air traffic management systems [2] - Companies like Xingyu Drone Service are innovating in high-altitude cleaning services, utilizing drone technology to replace traditional methods, enhancing safety and efficiency [3][5] - The integration of AI technology is being pursued to enable multi-drone coordination and automated path planning, aiming to improve operational efficiency [5] Market Response - The exhibition has attracted thousands of visitors, with a significant portion expressing interest in adopting drone technology for cleaning services, indicating a shift from manual to automated solutions [5] - The low-altitude economy is seen as a new driving force for industrial upgrades and technological innovation, with applications in emergency rescue and public safety [6] Technological Innovations - Companies are developing advanced drone technologies, such as lightweight indoor formation drones and automated systems for event coordination, showcasing China's capabilities in precision manufacturing [7][8] - Innovations like the "hive" landing system and the Agile Bee series of drones are designed to reduce operational space requirements and enhance performance [9][11] Future Prospects - The low-altitude economy is evolving into a complex system that encompasses various sectors, including logistics, transportation, agriculture, and urban management, indicating a broadening of its impact on the economy [15] - The establishment of standards and policies, such as the Shenzhen Low-altitude Economy Standard System 2.0, is crucial for the sustainable development of the industry [16] Investment Landscape - The fair facilitated over 1,023 contracts and more than 170 billion yuan in intended transactions, with significant interest from investors in the low-altitude economy sector [19] - Companies like Zero Gravity Aircraft Industry have secured substantial funding, indicating strong market confidence and the potential for rapid growth in the low-altitude economy [19] Societal Impact - The low-altitude economy is transforming daily life and operational efficiency, with applications ranging from drone cleaning services to urban air mobility, reshaping societal functions and enhancing quality of life [20]