1、Taking Flight Forging a Future for Hong Kongs Low-Altitude EconomySeptember 2025 Executive Summary 21.Introduction 112.Worlds showcase of“Sky Urbanism”233.International talent hub for low-altitude technology 634.Global nexus and gateway for low-altitude enterprises 895.Conclusion 129ContentExecutive

2、 Summary The low-altitude economy,encompassing economic activities that take place in airspace below 1,000 metres,is identified as a national strategic emerging industry poised to inject new impetus into Hong Kongs economy.Utilising aircraft such as drones,helicopters,and vertical take-off and landi

3、ng(VTOL)aircraft,this sector has a wide range of applications,including logistics,emergency response,surveying and inspection,passenger transport,leisure and tourism,as well as agriculture.Industries and public services are set to be reshaped,making them more efficient,safer,and more responsive.Acco

4、rding to estimates by Morgan Stanley,the global total addressable market for urban air mobility and logistics is set to soar to US$9 trillion(HK$70.6 trillion)by 2050,with China being a major market.The significance of the low-altitude economy is also underlined by its inclusion in the Central Gover

5、nments Report on the Work of the Government in 2024 and 2025,as well as the establishment of the Department of Emerging Air Economy under the National Development and Reform Commission in late 2024.Various provinces and municipalities have actively responded and introduced their respective policy me

6、asures and development strategies.In the context of Hong Kong,as one of the key policy initiatives announced in the Chief Executives 2024 Policy Address,the Working Group on Developing Low-altitude Economy(Working Group)was established to formulate development strategies and inter-departmental actio