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International Advanced Air Mobility Expo brings experts, entrepreneurs together in Shanghai

China

China

China

International Advanced Air Mobility Expo brings experts, entrepreneurs together in Shanghai

2025-07-24 01:33 Last Updated At:02:27

The International Advanced Air Mobility Expo 2025 opened Wednesday in Shanghai's National Exhibition and Convention Center, spotlighting the latest innovations in drones and eVTOLs (electric vertical takeoff and landing).

Running through Saturday, the four-day event brings together nearly 300 high-tech companies showcasing their groundbreaking products and is expected to attract around 50,000 domestic and international visitors.

"It is actually very interesting. There are several equipments that I haven't seen in my country. So it is amazing to be here," said Mexican visitor Brenda Moreno.

"The number of people that are interested in airplanes, I've been in a lot of expositions, and this one attracts more people than I expected," said American exhibitor Donald Wehmeyer.

In addition to exhibitions, the expo hosts industry conferences where experts have praised its role in advancing China's low-altitude economy, a development seen as benefiting not just the Chinese people but communities worldwide.

"When the low-altitude economy develops further in the future, it will not only benefit Chinese people, but people worldwide, helping to build a community with a shared future for humanity," said Chen Jun, academician of Chinese Academy of Engineering, also the professor of National Geomatics Center of China.

International Advanced Air Mobility Expo brings experts, entrepreneurs together in Shanghai

International Advanced Air Mobility Expo brings experts, entrepreneurs together in Shanghai

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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