Monday, August 26, 2024 Shanghai aims to elevate its low-altitude aviation industry with the ambitious “City of the Sky” project, targeting significant growth over the next three years. On August 16, Shanghai introduced an ambitious blueprint to construct a “ city of the sky ” over the next three years, aiming to establish a comprehensive low-altitude industry with a core industrial value projected to surpass 50 billion yuan ($7 billion) by 2027, as reported by official sources. Shanghai’s vision is to create a thriving hub for low-altitude economic innovation, commercial applications, and operational services.
The city plans to develop a fully integrated industrial system that encompasses research, development, design, assembly, manufacturing, airworthiness testing, and commercial deployment of new low-altitude aircraft by 2027, as outlined in the action plan for the high-quality growth of the low-altitude economic sector between 2024 and 2027, released by the Shanghai municipal government on August 16. At the forefront of low-altitude economic innovation and development worldwide, Shanghai looks to expand the core industrial value of the sector to 50 billion yuan by 2027, according to the action plan. In the meantime, Shanghai will cooperate with cities across the Yangtze River Delta region to build the nation’s first batch of cities having low-altitude aviation available across the region, to establish a national low-altitude economic industry demonstration are.