The 2024 Taihu Bay Wuxi Low-Altitude Economy Innovation and Development Conference took place in Wuxi, Jiangsu province, on Oct 26, aiming to advance the development of the low-altitude economy in the city.
Some significant announcements were made during the conference, including the release of the White Paper on Wuxi Low-altitude Economic Development and policies and measures to support the high-quality development of the low-altitude economy in Wuxi with a subsidy of up to 200 million yuan ($28.07 million).
Additionally, Wuxi’s low-altitude airspace and route maps were unveiled, along with the Wuxi low-altitude flight supervision and service platform around Taihu Lake.
The conference also witnessed the establishment of the Taihu Bay Wuxi Low-Altitude Economic Innovation and Development Ecological Alliance, which is expected to pool critical resources such as academicians, leading enterprises, industry associations, universities, and capital to facilitate the interconnection among technologies, products, markets, and information in Wuxi.