Creating a New Engine for the Development of New Quality Productive Forces through Low-Altitude Economy

The Central Economic Work Conference held in December 2023 emphasized the importance to promote industrial innovation with sci-tech innovation, especially the importance to spawn new models, new industries, and new driving forces with frontier and disruptive technologies to comprehensively develop new quality productive forces. Low-altitude economy is the direction of emerging industries in global competition and also a new engine for nurturing and developing new quality productive forces, which can contribute to China’s intelligent manufacturing program, empower new driving forces for national economic development, and lead the green and sustainable development. The logical mechanism for low-altitude economy to accelerate the formation of new quality productive forces lies in reducing costs and risks to improve the efficiency of the whole chain, optimizing resource allocation to boost digital transformation, expanding emerging industries to build a modern industrial system, and enhancing independent innovation to promote regional coordinated development. Therefore, it is necessary to strengthen the top-level design, innovate development models, highlight application navigation, and improve the development ecology to accelerate the development of new quality productive forces.