Hainan expanding reach of low-altitude economy

So far this year, 36 projects have been launched, covering the entire industry

China's low-altitude economy, a strategic emerging sector that is key to developing new quality productive forces, has captured the imagination of the country's tropical island of Hainan province, which is aiming to become a key base for the innovative development of the low-altitude sector.

Hainan, relying on its unique geographical environment, multiple application scenarios of low-altitude aircraft and the advantages of Hainan Free Trade Port, plans to comprehensively promote the low-altitude economy by introducing more enterprises and expanding application scenarios and business formats, the local government said.

So far this year, the province has launched 36 projects, with a total investment value of 29.4 billion yuan ($4.02 billion), covering the entire industry chain, including aircraft research and development, smart logistics and high-end cultural tourism.