China’s MIIT Pledges Safe, Steady Development of Low-Altitude Equipment Industry

Cointime update: China’s Ministry of Industry and Information Technology (MIIT) said on the 5th that the country will actively and steadily advance the safe, healthy and orderly development of its low-altitude equipment industry, with safety as a precondition. The statement was made by a responsible official of the ministry. No further details, timelines or policy measures were disclosed.