On May 13, a dedicated session on the low-altitude economy was held in Guangzhou as part of the "City of Opportunity" investment promotion series. During the event, the Guangzhou Aerospace Fund was officially launched.

The fund has a target total size of 20 billion yuan, with contributions from the municipal finance, other government funds at various levels, financial institutions, and other stakeholders.

Its investment scope covers the entire industrial chain of the low-altitude economy and aerospace sectors, including key raw material supply, core component manufacturing, aircraft and supporting facilities, as well as application scenario projects such as low-altitude logistics, cultural tourism, urban air mobility, air transportation, and space launch. The fund will focus on key areas and address weak links in the industrial chain.

Source: Guangzhou Daily
English Author & Editor: Wen Junhua