Subsidy Watch: Pinghu Launches New Incentive Policy
Plus, a look at what's happening in Pinghu.
Pinghu City, Zhejiang Province introduced a new policy on May 7 to advance its aerospace and low-altitude economy sectors.
The policy — effective May 30, 2025 – December 31, 2026 — provides financial incentives for equipment investments, R&D, certifications (e.g., eVTOL Type and Production Certificates), and infrastructure development, while prioritizing talent acquisition and public-sector adoption of low-altitude technologies.
