China's Development and Reform Commission (DRC) announced the establishment of the Department of Low Altitude Economy.

Positive Impact and Outlook
Coordinate development: The Department of Low Altitude Economy will be responsible for coordinating the overall development planning of low altitude economy, coordinating and solving practical problems such as airspace management and safety supervision, so as to avoid policy conflicts and management chaos.
Regulate the order of the industry: formulate and improve relevant regulations and standards, strengthen market supervision, regulate the behaviour of enterprises, raise the threshold of access, and ensure high-quality development.
Promote innovative development: Promote technological innovation and application promotion in the field of low-altitude economy, and promote the development of new business forms and modes.
Promote regional coordinated development: Promote inter-regional economic exchanges and cooperation through the development of the low-altitude economy to achieve regional coordinated development.

With the further promotion of policies and the continuous maturation of the market, low-altitude economy is expected to become a new highlight of China's economic development.
MYUAV tethered UAVs are expected to play a more important role in the low-altitude economy.

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