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In 50 Words: China’s drone industry hits $16.5 billion in 2022, up 34% from 2021

China’s drone industry reached a value of US$16.5 billion in 2022, boosted by factors such as low-altitude logistics expansion, Covid-19-related contactless deliveries, and increased competition among domestic couriers. Despite facing US trade sanctions, the industry grew by over 34% from US$12.3 billion in 2021, with over 15,000 drone-related enterprises operating in the country.

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