Subsidy Watch: New Measures Issued

A whole slew of financial awards are set to be released.

On December 24, Zhenjiang completed its first low-altitude economy flight, using a drone to deliver cargo to a ship on the Yangtze River, advancing drone-based waterborne transport. Image: Zhenjiang Municipal Transportation Bureau.

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On January 17, the Management Committee of Zhenjiang Economic and Technological Development Zone released an announcement regarding the public consultation on the draft of the Measures to Support the High-Quality Development of the Low-Altitude Economy and Aerospace Industry in Zhenjiang Economic and Technological Development Zone.

The consultation period will run from January 26, 2025, to February 25, 2025.

This is the first time I am reviewing measures from an economic development zone; however, it is not the first time such measures have been introduced.

In December 2023, officials issued the Rules for the Implementation of Several Measures to Promote the High-Quality Development of the Low-Altitude Economy in Guangzhou Development Zone (Huangpu District).

Let’s get into the new measures.