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Chinese AAM companies and organisations launch low altitude economy trade association

Hong Kong’s The Standard news source reports that more than 100 Chinese companies, enterprises and research institutions – including Aerofugia and TCab Tech – have formed a “low-altitude economy” alliance.

“Launched in Beijing, the alliance aims to collaborate to promote the implementation of the low-altitude economy across cities in the mainland, create several typical application scenarios, formulate relevant industry rules and build a healthy low-altitude economic and industrial ecology,” said the newspaper report.

In a Global Times report Luo Jun, executive director and secretary general of the alliance, was quoted as saying at the launch ceremony that developing China’s low-altitude economy has a significant meaning in promoting economic restructuring as well as transforming and upgrading traditional industries.

“As the industry is still at its early development stage, Luo said that the alliance will work with hotspot cities to create application scenarios that can be replicated quickly, assist relevant departments in formulating industrial standards, and improve supporting facilities by utilizing its guiding and leading role in the sector,” according to the newspaper report.

For more information

https://www.thestandard.com.hk/section-news/section/50016347/264988/China’s-low-altitude-alliance-draws-over-100-players

https://www.globaltimes.cn/page/202408/1317341.shtml

(Image: The TCab Tech E20 eVTOL)

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