///
Flying taxis and drone deliveries, once confined to the realm of science fiction, are poised to become a reality in Shanghai, transforming how its residents commute, work, and live.
Driven by breakthroughs in new energy technologies, a rapidly expanding civil drone sector, and substantial government investment, China's "low-altitude economy" is taking off.
This burgeoning field operates within 3,000 meters above ground, integrating various manned and unmanned aerial vehicles for tasks ranging from passenger transport to cargo delivery.
According to the "China Low-Altitude Economy Development Research Report" by CCID Consulting, the sector reached a staggering 505.95 billion yuan (US$71 billion) in 2023, reflecting a 33.8 percent growth rate. The Civil Aviation Administration of China (CAAC) projects this figure will soar to 2 trillion yuan by 2030.
http://www.shine.cn/news/in-focus/2409020148/
Based on the text, it is incorrect to state that: