BEIJING, Aug 27 Reuters China39;s nascent lowaltitude economy made up of manned or unmanned aviation services at low elevations has captured investors39; interest but many lack information and guidance about how the sector could develop, an industry group said on Tuesday.

Initial plans for China39;s lowaltitude economy often refer to services such as smallscale deliveries of goods at elevations of up to 1,000 metres 3,280 ft. But some localities are also eyeing at airspace of up to 3,000 metres 9,840 ft.

As China loosens airspace curbs and grants incentives to develop the sector, manufacturers in the world39;s top dronemaking nation are testing everlarger payloads and transport companies are planning air taxi services both manned and unmanned.

Its aviation regulator foresees a 2trillionyuan 280 billion industry by 2030 a fourfold expansion from 2023 with vertical mobility seen as a new productive force in areas such as passenger transport and cargo deliveries.

The sector will be an important driver for a new round of economic growth, said Luo Jun, executive director of the China Low Altitude Economic Alliance, adding that specific ideas on how to build the lowaltitude economy were not sufficiently clear.

There is no mature business model for the lowaltitude economy to learn from abroad, Luo said in a statement. Many companies are both enthusiastic and confused about the lowaltitude economy.

Luo said in early August, when the China Low Altitude Economic…