Past Events

Since the low-altitude economy was included in the 14th Five-Year Plan as a strategic emerging industry, Shenzhen’s low-altitude economy and aerospace industry cluster has grown exponentially.

To understand more about the development and potential business opportunities for Hong Kong companies, the Chamber organized a delegation to the heart of the low altitude economy, Longgang District, on March 25.

Led by China Committee Chairman Felix Lee and Asia, Africa and Middle East Committee Chairman Dewan Saiful Alam, members met with Liu Gaobao, Vice Chairman of the Shenzhen Longgang District Committee of the Chinese People’s Political Consultative Conference (CPPCC).

Discussions centered on the district’s progress in developing the low-altitude economy, efforts to support local companies in international expansion, and the emerging governance and service frameworks being established to manage the sector.

Although Shenzhen-made consumer drones which account for 70% of the global market and industrial drones accounting for 50% are often associated with the low-altitude economy, demand in consumer scenarios such as cultural and tourism sightseeing, emergency rescue, and urban delivery has grown rapidly.

Use in agricultural and forestry plant protection, power inspection, and as well as usage in remote areas and congested urban roads, low-altitude transportation clearly offers unique efficiency advantages.

After an in-depth briefing, members visited “Air Amap” Low-Altitude Economy Intelligent Operation Exhibition Hall, High Great Technology Co., Ltd., and the Longgang Low-Altitude Intelligent Integration Testing facilities.