The General Office of the Guangdong Provincial People's Government has recently unveiled a set of measures titled Several Measures to Bolster the High-Quality Development of Guangdong's Low-Altitude Economy. These measures aim to ramp up efforts in nurturing the listing prospects of low-altitude economy enterprises and provide robust support for eligible high-quality enterprises to pursue initial public offerings (IPOs) both domestically and internationally. Simultaneously, the office encourages insurance institutions to craft bespoke insurance products tailored to the unique needs of low-altitude commercial applications, including logistics, passenger transportation, and urban management. It also advocates for the expansion of insurance coverage for low-altitude aircraft and the establishment of a comprehensive insurance service system that spans the entire industrial chain.
