Core Insights - The low-altitude economy is rapidly evolving, driven by policy support and technological advancements, becoming a new battleground for regional economic competition and improving public services [2][3][9] Policy Developments - The low-altitude economy was included in the government work report for the first time in 2024, with numerous supportive policies being introduced from central to local levels [2] - The 20th National Congress emphasized the need to develop general aviation and low-altitude economy, while various local governments have issued specific plans to foster growth in this sector [2] Market Potential - The market size of China's low-altitude economy is estimated to be approximately 506 billion yuan in 2023, with projections to reach 1 trillion yuan by 2026, reflecting an average annual growth rate of about 30% from 2021 to 2026 [3] Technological Innovations - 5G-A technology is redefining low-altitude communication, with the establishment of the first 5G-A multi-modal low-altitude network demonstration zone in Hangzhou, achieving full coverage for communication and perception [5] - Innovative applications of low-altitude technology are emerging across various sectors, including logistics, security, and urban air mobility [4][8] Operational Efficiency - The use of drones in logistics has significantly reduced costs and improved efficiency, with delivery costs dropping by over 80% and fresh seafood being delivered within 15 minutes from farms to tables [6] - Advanced management platforms are being developed to enhance safety and order in low-altitude operations, integrating AI and data systems for effective monitoring [7] Industry Collaboration - Major cities are collaborating to build a low-altitude economy ecosystem, with plans to establish 100 demonstration projects by 2025, indicating a strong commitment to developing this sector [9] - Various companies are accelerating their investments in the low-altitude economy, covering areas such as air traffic management, drone logistics, and urban air mobility [9]