Flying Cars and Low-Altitude Economy: China’s Ambitious Plan to Propel Aerospace Industry to New Heights

In a bid to establish the aviation sector for low-altitude airspace as a new driving force for economic growth, the central government of China has recently introduced its first action plan to expedite the development of flying cars. This move is seen as part of a larger effort to promote innovation and growth in the aerospace industry.

The Ministry of Industry and Information Technology announced this initiative, with the goal of achieving an “initial development” of a new aviation equipment industry by 2030. By this time, electric vertical takeoff and landing aircraft (eVTOLs) and drones will be operating at lower altitudes to provide intelligent, eco-friendly air travel and transport services for various sectors of society.

This push for the development of a “low-altitude economy” was highlighted for the first time in the government work report during the annual parliamentary meetings that concluded on March 11. The intention is clear – China aims to strengthen its aerospace industry and establish itself as a leader in this sector.

The plan laid out by the Ministry of Industry and Information Technology sets the stage for the future of air transportation in China, with a focus on sustainability, efficiency, and technological advancement. As the country moves towards 2030, we can expect to see significant advancements in the aviation sector, particularly in the development and implementation of flying cars and other innovative aircraft.