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Metaverse Construction Plans and Support Policies: Impact on Various Industries

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On April 13th, according to incomplete statistics, it was found that more than 40 provincial and municipal governments across the country have issued more than 120 metaverse constr

Metaverse Construction Plans and Support Policies: Impact on Various Industries

On April 13th, according to incomplete statistics, it was found that more than 40 provincial and municipal governments across the country have issued more than 120 metaverse construction plans and support policies, promoting the deep integration of metaverse with various industries. At the end of June 2022, the “Shanghai Action Plan for Cultivating a New Track of the” Metaverse “(2022-2025) was released. This is the first metaverse special action plan issued at the provincial level in China. Beijing hopes to build the sub center of the city, Tongzhou District, into a metaverse application demonstration zone with cultural and tourism content as its characteristics within three years, cultivate and introduce more than 100 metaverse ecological chain enterprises, and form more than 30 application scenario projects. Guangzhou has released the first “10 Metaverse” in the Guangdong Hong Kong Macao Greater Bay Area.

More than 40 provinces and cities have issued over 120 metaverse support policies

The growing interest in metaverse is undeniable, as more and more local governments in different provinces and cities all over China are coming up with their own metaverse construction plans and policies. Metaverse, also known as the virtual world or the universe of virtual reality, is a relatively new technology that has generated a lot of buzz, particularly in online gaming and entertainment but extending far beyond that.

Overview of Metaverse Construction Plans and Policies

As of April 13th, over 40 provincial and municipal governments across China have issued more than 120 metaverse construction plans and support policies. The goal is to promote the deep integration of metaverse with various industries, such as culture, tourism, education, and even urban planning.
The “Shanghai Action Plan for Cultivating a New Track of the Metaverse (2022-2025)” was released at the end of June 2022, making it the first-ever metaverse special action plan issued at the provincial level in the country. In the plan, the city aims to make Shanghai a leader in global metaverse development by 2025.

Metaverse Construction Plans in Beijing

Beijing is not to be left behind, as the city government has set a goal of turning Tongzhou District into a metaverse application demonstration zone within three years. This would involve developing cultural and tourism content as the district’s characteristic, cultivating and introducing more than 100 metaverse ecological chain enterprises, and forming more than 30 application scenario projects.
The plan includes building a sub-center of the city with metaverse technology, which would become a place where people can live, work, and play without having to leave their virtual reality. This sub-center would focus mainly on creating a new experience for people in the fields of entertainment, culture and tourism.

Metaverse Construction Plans in Guangzhou

Guangzhou is another hub for metaverse development in China, having released the “10 Metaverse” in the Guangdong Hong Kong Macao Greater Bay Area. Like Beijing, the construction plan focuses on cultural and tourism content, particularly in the form of technological support for theme parks, scenic spots and museums.
The plan also aims to create a unique experience for visitors by developing immersive audiovisual technology that would enhance the storytelling aspect of culture and tourism in Guangzhou.

Impact of Metaverse Construction Plans on Various Industries

The launch of metaverse construction plans and support policies across China is set to have a significant impact on various industries. The application of metaverse technology is expected to lead to the creation of new business models and opportunities in industries such as e-commerce, education, tourism, and even finance.
Metaverse technology has been shown to improve the user experience in all of these industries, providing a more immersive and engaging experience for customers while driving sales and revenue. For example, e-commerce companies can use metaverse technology to create virtual storefronts, allowing customers to explore products and services in an immersive, interactive environment.

Conclusion

The development of metaverse technology is still in its early stages, but it is rapidly becoming an important player in various industries in China. The introduction of metaverse construction plans and support policies by governments promotes the deep integration of metaverse with different industries, unlocking new business opportunities and driving growth in these sectors.
The use of metaverse technology provides a unique experience for customers, delivering immersive and engaging experiences that were previously impossible. As metaverse technology continues to evolve, we can expect to see further adoption across various industries in China and globally.

FAQs

1. What is metaverse technology?
Metaverse is a virtual world, sometimes called the universe of virtual reality, that allows users to create, interact with, and explore a digital environment that feels real.
2. What industries can benefit from metaverse technology?
Industries such as e-commerce, education, tourism, and finance can benefit from metaverse technology, as it provides a more immersive and engaging experience for customers while driving sales and revenue.
3. What are metaverse construction plans?
Metaverse construction plans are plans created by provincial and municipal governments that aim to promote the development of metaverse technology and its integration with various industries.

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