Policy Address

Enhance the Regulatory Sandbox

156. The first batch of Regulatory Sandbox pilot projects was announced in March. We will regularise the operation of more mature application scenarios, and roll out the advanced low-altitude economy "Regulatory Sandbox X " pilot projects to cover application scenarios that are technically more complex, such as cross-boundary routes and passenger-carrying, low-altitude aircraft.

Develop Low-altitude Economy Insurance Products

157. The insurance industry has set up a task force to develop low-altitude economy insurance products for various application scenarios, drawing reference from the data of the Government's Regulatory Sandbox. The IA will forge closer ties with the industry to meet demands.