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China: Low-altitude economy takes flight in China's Shenzhen

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Low-altitude economy takes flight in China's Shenzhen (Voice_over) The low-altitude economy in south China's Shenzhen City is helping reshape transportation, logistics and urban mobility with an increasing number of drones and electric vertical take-off and landing aircraft, or eVTOLs, dotting the skyline. China's low-altitude economic model includes activities taking place in low-altitude airspace - roughly 1,000 meters above the earth - and by the end of the year, it's expected to be valued at about 206 billion U.S. dollars. Leading the way is the city of Shenzhen, whose policies, infrastructure, application and production of drones and eVTOLs, are some of the country's most developed. (Sound_bite) Li Shipeng, executive director, Low-Altitude Economy Branch, Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Research Institute: "According to statistics from last October, the average daily drone flight volume is about 8,000, including corporate drones and private ones. This number is higher than any other city in the country." (Voice_over) Drones and eVTOLs are proving useful in a range of scenarios in Shenzhen, like in urgent medical or emergency situations where traditional transportation takes longer. And in food delivery, where companies have been transitioning from pilot testing to large-scale commercial operations. But officials say it's urban transportation - air taxi services that dramatically shorten travel time - that will be the real growth area of the low-altitude economy. (Sound_bite) Zhao Wenjuan, deputy secretary-general, Shenzhen Low-Altitude Economy Industry Association: "China's development plan on low-altitude economy follows a clear logic -- starting in suburban areas, expanding into cities, beginning with logistics before moving to passenger transport. The low-altitude economy is poised to support future integrated transportation -- across cities, within urban areas, and between city clusters -- enabling three-dimensional passenger and cargo transportation." (Voice_over) Meanwhile, drones are proving vital in the country's agricultural sector as well. According to China's National Agricultural Technology Extension Service Center, the country's use of agricultural drones has helped improve pest control effectiveness allowing for a roughly 25 percent decrease in pesticide use. [Restriction: No access Chinese mainland]

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