'Low-altitude economy': China puts money into market for flying taxis and drone flights

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China is aiming to be the first country in the world to develop what it calls the low-altitude economy, which could include passenger and cargo transport - as well as rapid-response emergency services.

A total of 1,022 companies from 47 countries and regions participated in the six-day Airshow China event, showcasing options for China's developing low-altitude aviation sector.Low-flying aircraft execute elaborate manoeuvres and formations in the sky, dazzling visitors at the Airshow China event in the southern city of Zhuhai.Aviation activities in this category are conducted in airspace below 1,000 metres.

They say they see huge market potential - and as a result, they are racing to bring their products to full commercialisation - as early as the next few years. The company says all you need is five minutes for the 720-kilogram aircraft to be released, or stored back, to the truck of the vehicle. "It has low requirements for take-off and landing, because it can take off and land in any suitable place. For example, it can carry out vertical take-off and landing on a rooftop and in an open space on the ground."

 

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