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Weifang’s Acceleration of Meta Universe Industry Development

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On February 24, Weifang officially released the Several Policies on Accelerating the Development of the Meta Universe Industry, which includes 22 policies and …

Weifang’s Acceleration of Meta Universe Industry Development

On February 24, Weifang officially released the Several Policies on Accelerating the Development of the Meta Universe Industry, which includes 22 policies and measures in six aspects, 19 of which involve financial support. In addition, the reporter learned from the Weifang Municipal Bureau of Industry and Information Technology that the “Weifang Action Plan to Build the Capital of Metauniverse Technology Innovation and Industry (2023-2026)” has been officially printed and issued, which clearly carries out industrial demonstration application actions, and carries out industrial application pilot in six fields, including industry, education, culture and tourism, medical treatment, consumption and smart city, to explore the application potential of Metauniverse in multiple industries and multiple scenarios, Promote the integration of metauniverse technology and practical application scenarios.

Weifang officially released two yuan universe policy documents, and plans to reach 350 billion yuan by 2026

Interpretation of the news:


On February 24, the Weifang Municipal Bureau of Industry and Information Technology released Several Policies on Accelerating the Development of the Meta Universe Industry. These policies highlight 22 measures that aim to boost the growth of the meta universe industry in six different aspects, with 19 of them specifically supporting financial initiatives. Among these policy measures is the official release of the “Weifang Action Plan to Build the Capital of Metauniverse Technology Innovation and Industry (2023-2026),” which include plans for industrial demonstration application actions and pilot testing in various fields, including industry, education, culture and tourism, medical treatment, consumption, and smart city.

Weifang’s latest policy aims to harness the potential of the meta universe to explore and enhance several industries and sectors. The meta universe industry covers various innovative technologies that create a virtual world that simulates real-life experiences. The industrialization of these experiences provides plenty of opportunities for significant economic growth. It is no wonder Weifang, a city in China, is eager to fully explore and take advantage of this new frontier.

Specifically, the city’s policy approach works on a dual-pronged strategy. The first is to provide a supportive financial environment that will foster growth, with financial incentives backing the bulk of the policies. The second, and perhaps a more critical aspect, is to establish an environment of innovative and practical application scenarios. This policy shift highlights a push for more industry-based empowerment and the convenience and speed that technology brings, rather than just imagining an alternative world.

The policy also stresses collaborative efforts in industrial demonstration through experimentation in various fields to ensure the integration of metauniverse technology in practice scenarios. With this, the Weifang Action Plan brings the meta universe industry closer to the masses, enabling it to explore its full potential beyond just the gaming sector but also in the education, culture, tourism, medical, and consumer sectors.

Overall, Weifang’s Acceleration of Meta Universe Industry Development is a bold step in the constant quest to explore the potentials of technology to enhance the practical living experiences of all. Its success rests upon harnessing a collaborative and positive outlook toward supporting innovation in various fields, backed by subsidized financial support.

In conclusion, the policies formulated and implemented by Weifang are responsive to the everchanging demands of living in a high-tech world. The plan establishes the need for technological innovation and its integration into everyday life. The policy’s various measures aimed at empowering the metauniverse industry make it easier for businesses to leverage technology to transform their operations and create new possibilities for economic growth.

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