Low Altitude Economy
Aviation Sports Industry Base Construction Project of Siping City
1. Introduction to the Project
1.1 Project background
1.1.1 Product introduction
Low altitude economy relies on low altitude airspace, with the general aviation industry as its core, covering multiple fields such as low altitude flight, air tourism, regional passenger transport, general aviation services, scientific research and education. It is a comprehensive economic form with strong radiation effects and a long industrial chain. Given the enormous development potential and resources of low altitude space, the low altitude economy has demonstrated unlimited development potential and has become a significant symbol of new quality productivity.
The aviation sports industry base is committed to building an outdoor sports venue open to the public, allowing the public to participate in aviation sports. NASG has a professional team dedicated to creating aviation flight camps and continuously promoting the realization of low altitude flight scenarios, promoting the development of the mass entertainment aviation industry.
1.1.2 Market prospect
(1) Current situation of the aviation sports industry base industry
The current industrial status of the aviation sports industry base mainly includes the following aspects:
1. Model aircraft movement: In recent years, Chinese model aircraft movement has received widespread attention and development. The model flight movement focuses on simulating the control and manipulation of aircraft, attracting numerous participants including students, hobbyists, and professional institutions. By participating in model airplane sports, participants not only improve their technical skills, but also increase their understanding of aviation knowledge, cultivate teamwork and innovation abilities.
2. High altitude skydiving: The boom in high-altitude skydiving in China’s aviation sports industry is showing a significant growth trend. As an extreme sport, skydiving has attracted a large number of enthusiasts and promoted the development of related industries.
Policy support: The Chinese government and relevant institutions have provided active support and promotion for aviation sports. Multiple regions have established model aviation sports bases and training centers, providing enthusiasts with opportunities for training, competitions, and exhibitions. The relevant model aircraft associations and organizations have also played a role in organizing and managing, promoting the development of model aircraft sports.
3. Specific cases:
Hengshui Aviation Sports Town: Taking advantage of its open terrain, low altitude, and more suitable flying days, Hengshui City has partnered with China Sports Flight (Beijing) Sports Industry Development Co., Ltd. to build an aviation sports town. The town is planned to cover an area of 20 square kilometers with a total investment of 16.7 billion yuan. The construction contents include an aviation flight campsite, an aviation equipment display, trading, and maintenance center.
Anyang International Aviation Sports City: Anyang International Aviation Sports City has a total investment of over 3 billion yuan, covering multiple fields such as aviation sports equipment manufacturing, display, sales, and aviation sports competition performances. After completion, the project will become a new landmark for the construction of the aviation sports capital in Anyang.
Miyun Aviation Sports Industry Agglomeration Zone: Located in Qianliyuan Village, Mujiayu Town, east of Miyun County, covering an area of over 700000 square meters, this gathering zone integrates aviation sports competitions, entertainment, fitness and leisure, and has the conditions for flight training and competitions. In the future, it will develop into a national aviation sports center.
These bases and projects not only promote the development of the aviation sports industry, but also provide broad development space and employment opportunities for related practitioners.
(2) The industrial chain of the aviation sports industry
The industrial chain of the aviation sports industry mainly covers the following key links:
Upstream sector: It involves the production and supply of aviation sports equipment, including the research and development, manufacturing, and sales of aircraft, gliders, hot air balloons, parachutes, and other equipment. The quality and performance of these equipment have a direct impact on the safety and experience of aviation sports.
Midstream sector: It includes the provision of aviation sports services, such as pilot training, aviation sports event organization, aviation tourism product development, etc. Pilot training is a key link in ensuring the safety of aviation sports, while event organization and tourism product development promote the diversified development of the aviation sports industry.
Downstream sector: It includes the consumption and services of aviation sports, such as the operation of aviation clubs, aviation sports experience, aviation sports insurance, etc. These links directly serve consumers, providing diverse choices and convenient services for aviation sports enthusiasts.
(3) Market prospect forecast for the aviation sports industry base
After predicting the market prospect of the aviation sports industry base, it was found that the industry is expected to maintain its growth momentum and demonstrate a diversified development trend.
1. Market size and growth trend
The market size of the aviation sports industry is constantly expanding, mainly due to the growth of the national economy and policy support. According to the Research Report on the Market Development Prospects of China’s General Aviation Industry from 2024 to 2029, as of the end of 2023, the total number of registered general aviation aircraft has reached 3173, increasing to 3394 by 2024, a year-on-year increase of 7.0%. In addition, the global aviation equipment market has steadily grown at an average annual compound growth rate of about 5% in the past few years, and is expected to reach a market size of $1176.9 billion by 2027.
2. Policy support and development planning
In recent years, China has introduced a series of policies to promote the development of the general aviation industry. These policies include the Minimum Performance Requirements for Operation Identification of Civil Micro Light and Small Unmanned Aerial Vehicles (Trial), Management Measures for General Aviation Short Distance Transport Operation Services, and Development Outline for Green Aviation Manufacturing Industry (2023-2035). The purpose of these policies is to promote the transformation and upgrading of the industry, and to build a complete, innovative, and ecologically active aviation industry chain.
3. Segmented markets and development opportunities
The segmented markets of the aviation sports industry cover multiple fields such as mass entertainment and leisure, professional training, and education. With the evolution of social and cultural trends, as well as the demand characteristics of specific groups or regions, these segmented markets are expected to usher in more development opportunities. For example, the mass entertainment and leisure market offers a diverse range of products and services, while the professional training and education sectors demonstrate enormous growth potential.
4. Technological innovation and application trends
Technological innovation has had a profound impact on the aviation sports industry. For example, the popularity of light and small unmanned aerial vehicles has expanded the boundaries and possibilities of aviation motion. In the future, with the further development of new technologies such as drones and intelligent control systems, the industry is expected to usher in more innovation and progress.
In summary, the market prospect of the aviation sports industry base is optimistic. Thanks to policy support, technological innovation, and diversified market demand, the industry is expected to maintain its growth momentum and face more development opportunities.
1.1.3 Advantageous conditions of project construction
(1) Policy advantages
As a new business model, aviation flight camps were first proposed in the Document No. 46 issued by the State Council in 2014. In 2023, the Central Economic Work Conference emphasized the importance of developing strategic emerging industries such as the low altitude economy. Subsequently, the Provisional Regulations on the Management of Unmanned Aerial Vehicle Flight came into effect on January 1, 2024, marking a new era of standardized development for China’s unmanned aerial vehicle industry with legal support. The testing of drones before formal production has become a mandatory institutional requirement, and it is expected that the testing volume will significantly increase.
Airport infrastructure construction: for airport infrastructure projects that meet specific conditions, the government will provide support through various funding channels such as the Civil Aviation Development Fund, central budget investment, ultra long term special treasury bond, and local government special bonds. At the same time, actively encourage social capital to participate in the investment and construction of airport infrastructure and its supporting service facilities, in order to broaden the sources of construction funds.
Cultivation of new air routes: The government will continue to implement and optimize the reward and subsidy policies for the opening of new international air routes at air ports. For ports and airports that meet the provincial annual assessment targets, provincial subsidies will be arranged based on 20% of the annual route cultivation funds of the local government where the aviation port is located, with a maximum subsidy amount of 20 million yuan.
(2) Industrial advantages
Jilin Province has a solid industrial foundation in the aviation industry. Jilin Province has a group of general aviation enterprises such as AVIC Jilin Aviation Maintenance Co., Ltd., forming a relatively mature general aviation manufacturing and maintenance industry chain, including general aircraft maintenance, parts refining, and unmanned aerial vehicle research and development and manufacturing.
In addition, the policy environment and market prospect in Jilin Province are also extremely favorable. Jilin Province is optimizing the development plan of low altitude economy, systematically sorting out the constraints such as rules and regulations, infrastructure, access permits, and airspace control, innovating policies, mechanisms, and rules, and enhancing the openness and attractiveness of developing low altitude economy. At the same time, Jilin Province has designated Changchun as a national pilot city for the development of low altitude economy, carrying out systematic pilot projects and striving to be at the forefront of developing low altitude economy and building industrial ecology.
(3) Location advantages
Yitong Manchu Autonomous County is located in the central southern part of Jilin Province and is the closest county to Changchun City. It is only 48 kilometers away from the city center and a 30 minute drive away. The county town is 77 kilometers away from Changchun Longjia International Airport, which takes about an hour by car. Yitong has a developed transportation network, with Changchun-Baishan Expressway, Changchun-Liaoyuan Expressway, Changchun-Meihekou Expressway, and Changchun Ring Expressway passing through. It is a must pass point for 4 regions and 16 cities (counties) in central and southern Jilin Province to reach Changchun. In addition, the Yitong section of the Liaoyuan-Changchun Railway was completed and opened to traffic in 2016, ending the history of Yitong without railways. After the completion of the first level road of Changchun-Yitong Middle Line, Yitong’s ability to receive radiation from the Changchun Economic Circle will be further enhanced. The surrounding infrastructure of the project construction site is complete, the transportation is convenient, and the resource conditions required for production are relatively complete.
(4) Talent advantages
Yitong is only a half-hour drive from Changchun, the provincial capital and can rely on the human resources within the province to support the project. Jilin Province has a strong industrial foundation and abundant educational resources. Jilin Province is a national old industrial base with outstanding advantages in satellite aerospace, carbon fiber, optoelectronic information, aviation maintenance and other fields. Changchun Institute of Optics and Fine Mechanics, Jilin University, Air Force Aviation University and other universities and research institutes provide strong talent support and scientific research capabilities for the development of low altitude economy.
1.2 Contents and scale of project construction
The project covers an area of 50000 square meters and mainly constructs the Yitong Aviation Sports Flight Base, which promotes aviation culture, winter/summer camps, aviation studies, flight experiences, and air tours. It includes four major sections: flight training, aviation sports, entertainment flights, and tourism services.
1.3. Total investment of the project and capital raising
The total investment of the project is 120 million yuan, including the construction investment of 92 million yuan.
1.4 Financial analysis and social evaluation
1.4.1 Main financial indexes
After the project reaches the production capacity, its annual sales revenue will be 80 million yuan, its profit will be 24 million yuan, its investment payback period will be 6 years (after the tax, including the construction period of 1 year) and its return on investment will be 20%.
Note: “10 thousand yuan” in the table is in RMB.
1.4.2 Social evaluation
Technological innovation and industrial upgrading: The construction of the aviation sports industry base will focus on technological innovation and research and development, promoting technological progress and industrial upgrading in the aerospace industry. By attracting excellent domestic and foreign aerospace companies and related upstream and downstream enterprises in the industry chain to settle in, a high-end manufacturing cluster area will be formed to further enhance the technological level and competitiveness of the industry.
Industry-city integration and urban development: The construction of the aviation sports industry base will focus on industry-city integration, improve urban functions, enhance urban quality, and create a demonstration zone for industry-city integration. This will help enhance the local economic vitality and quality of life, and promote the overall development of the regional economy.
Employment and economic development: The construction and operation of the base will create a large number of job opportunities, attract upstream and downstream enterprises in the related industrial chain to settle in, and drive the development of the surrounding economy.
Education and training: The construction of the base will promote the training of relevant technologies and vocational skills, enhance the professional skills and qualities of practitioners, and provide strong talent support for industrial development.
In summary, the construction project of the aviation sports industry base not only has significant social benefits in technological innovation, environmental protection, urban development, employment, and economic improvement, but also will further promote the development of related industries through education and training.
1.5 Cooperative way
Sole proprietorship, joint venture or cooperation
1.6 What to be invested by the foreign party
Funds and other methods can be discussed in person.
1.7 Construction site of the project
Jilin Yitong Economic Development Zone
1.8 Progress of the project
The project proposal has been prepared.
2. Introduction to the Partner
2.1 Unit basic information
Name: Government of Yitong Manchu Autonomous County
Address: 88 Zhonghua East Road, Yitong Town, Yitong Manchu Autonomous County
2.2 Unit overview
Yitong has a long history and rich culture. Yitong is one of the important birthplaces and settlements of the Manchu ethnic group, formerly known as Yidun and Yitun. It is a transliteration of the Manchu language, derived from the name Yitong River, which means grand and turbulent river. As early as more than 4000 years ago, the ancestors of the Manchu people have thrived and created a brilliant Manchu culture here.
Yitong is the closest county to Changchun and a must pass point for 4 regions and 16 cities (counties) in central and southern Jilin Province to reach the provincial capital. Yitong is committed to the construction of soft and hard environments, and strives to create a “three-no and five-most” county with the least approval process, shortest completion time, lowest fee standards, best service quality, and best investment environment for merchants. The whole county adheres to the service concept of “managing what must be managed well, opening up what should not be managed, and ignoring what can be managed or ignored”, and extends services wherever enterprises and projects are built. With a good reputation, it wins over foreign investors and businessmen, and strives to create a strong atmosphere of pro business, safe business, and wealthy businessmen. The favorable resource endowment and ecological conditions have endowed Yitong with a more relaxed, superior, and comfortable entrepreneurial development environment, presenting an irresistible attraction that attracts the eager attention of investors both inside and outside the province.
2.3 Contact method
Contact person of the project unit: Yang Ming
Tel: +86-18643489888
E-mail: jlytswj@126.com
Contact method of the city (prefecture) where the project is located:
Contact unit: Siping Bureau of Economic Cooperation
Contact person: Wen Dacheng
Tel: +86-434-3260536
E-mail: spjhjjhk@163.com