How to develop a low-altitude economy

　　The low-altitude economy is a comprehensive economic form with low-altitude flight activities at its core. It is a new type of productivity composed of technologies such as unmanned flight and a low-altitude intelligent network that interacts with factors such as airspace and market, driving the development of low-altitude infrastructure, low-altitude aircraft manufacturing, low-altitude operation services, and low-altitude flight support.

　　From aircraft manufacturing to infrastructure construction, the entire low-altitude economy industry chain has shown rapid development momentum. According to the Civil Aviation Administration of China, by 2025, the market size of my country's low-altitude economy will reach 1.5 trillion yuan, and by 2035 it is expected to reach 3.5 trillion yuan.

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Low-altitude economy develops rapidly

　　This year is known as the “first year of the low-altitude economy”. In response to the national call, the Yangtze River Delta economic innovation highland leadership will be demonstrated to build a national and international exchange platform.

　　The Low-altitude Economy Application Expo was held at the Nanjing International Expo Center from December 20 to 22. The low-altitude economy was written into the “Government Work Report” for the first time and was clearly listed as an important part of the new growth engine.

　　The enthusiasm for developing a low-altitude economy in various places is high, and airspace reform, scene cultivation, industrial development, and top-level design are constantly deepening.

　　One of the main reasons for promoting the development of the low-altitude economy is that the country has intensively issued several policies and regulations, such as the “Outline of the National Comprehensive Three-dimensional Transportation Network Planning” and the “Interim Regulations on the Flight Management of Unmanned Aerial Vehicles”.

　　Second, drone technology, battery life, and autonomous driving technology are more mature. Third, there is an increase in demand in the logistics field, the expansion of emerging application scenarios, and the upgrading of the consumer market.

　　Fourth, many companies are actively participating and the industrial chain is constantly improving. In addition, there is the optimization of airspace resources and the simplification of flight approval, which provides airspace resources and lowers the entry threshold of the low-altitude economy field.

　　The Wind Low-Altitude Economy Concept Index has increased by 22.19% this year. Based on the latest closing price and the consensus forecast target price of institutions, 12 stocks such as Guanglian Aviation, Aerospace Electronics, and Northern Navigation have the largest room for growth.

Steady and long-term low-altitude economy

　　The market has huge potential and is expected to become a new engine to promote economic development. What should we do next to promote the steady and long-term development of the low-altitude economy？

　　The first is to build a solid safety bottom line. Technologies such as 5G-A, artificial intelligence, and satellite remote sensing are protecting the low-altitude economy and laying the foundation for the high-quality and sustainable development of the industry.

　　At the same time, the low-altitude economy involves a large amount of data, and there is a problem of data leakage. To prevent data leakage and abuse, it is necessary to further strengthen data protection technology.

　　The second is to strengthen the ability to create application scenarios. The low-altitude economy has broad prospects, but the current exploration and utilization of airspace resources by all parties are still insufficient. In addition, the technical standardization of the low-altitude economic industry chain is low, which brings difficulties to the coordination of upstream and downstream of the industry chain.

　　Finally, we need to do a good job of “reducing costs and increasing benefits”. It is foreseeable that the low-altitude economy will have a profound impact on and reshape the ecology of related industries.