low-altitude economy

New Business

Explainer | China has a new 500 billion yuan ‘financial instrument’. How will it be used?

China’s top economic planner, the National Development and Reform Commission (NDRC), confirmed last month that Beijing was setting up a…

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New Business

Hong Kong to allow drone trials with higher payloads to boost low-altitude economy

The Hong Kong government plans to permit more businesses to test higher-capacity aerial vehicles, aiming to boost the low-altitude economy…

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Opinion | Hong Kong’s vision for low-altitude economy needs urban reality check

“Chinese carmakers race to build early advantage in flying car ventures” read a headline in this newspaper last week, reporting…

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Chinese carmakers race to build early advantage in flying car ventures after EV rivalry

Some of China’s biggest carmakers, from the iconic Hongqi or Red Flag to Geely Auto and Tesla rival Xpeng, are…

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Chinese developers of drones, flying taxis set sights on US, even with high tariffs

Chinese developers of small aircraft for uncrewed low-altitude cargo and passenger flights are exploring foreign markets for long-term diversification, including…

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New Business

Flying taxis prepare for lift-off in China as first companies gain key licence

China has taken a major step towards creating a commercial flying taxi industry, after regulators granted the country’s first-ever approvals…

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New Business

China tests huge transport drone capable of airlifting over 1 ton of goods

China’s first unmanned transport aircraft capable of hauling over 1 ton of goods has completed its maiden flight and is…

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Xpeng chairman sees Hong Kong as launch pad for self-driving EVs

Chinese electric vehicle (EV) maker Xpeng Motors hopes to make Hong Kong a launch pad for its autonomous driving technology…

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China’s Shenzhen lays down marker for tech investment with US$22 billion pledge

China’s southern tech hub of Shenzhen plans to “fully compete” in emerging sectors such as artificial intelligence, announcing 160 billion…

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New Business

Nowhere to go but up: China’s farming drones take root as industry grows

When Wang Fei started his agricultural drone company five years ago, the distinctive whirr of the autonomous vehicles went practically…

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