The concept of a metaverse, a virtual shared space where users can interact in various ways, has been gaining traction globally. However, the Chinese government has taken proactive steps towards establishing standards for a Chinese metaverse platform. This article explores the recent developments in China’s metaverse industry and the country’s efforts to shape the future of this technology.
The Metaverse Standardization Working Group
In response to the growing trend of the metaverse, the Ministry of Industry and Information Technology (MIIT) in China announced the formation of the Metaverse Standardization Working Group. This collaborative group comprises Chinese universities, government institutions, and tech giants such as Tencent, Huawei, and Baidu. Their collective expertise aims to establish rules and guidelines for metaverse platforms, reflecting industrial development and management needs.
By setting clear standards and guidelines, the Metaverse Standardization Working Group seeks to create a more structured and secure environment for users to navigate the metaverse. These standards will ensure a seamless and consistent experience across different platforms and protect users from potential risks associated with virtual interactions. The feedback on the group’s proposed standards will be open until February 18, demonstrating a collaborative approach towards establishing these regulations.
China’s Web3 Strategy
The establishment of the Metaverse Standardization Working Group aligns with China’s Web3 strategy, which focuses on advancing technologies such as blockchain and metaverse. China aims to explore the potential applications of these technologies and display its commitment to lead in the digital sector. In fact, in September, four ministries, including the MIIT, released a three-year action plan to achieve breakthroughs in metaverse technology by 2025.
The action plan not only aims for major advances in metaverse technology but also emphasizes its industrial and governmental applications. China envisions becoming a key driver in the digital economy with world-leading strength. The plan includes cultivating three to five globally influential ecological enterprises and creating new business ventures, models, and formats in consumer and public service sectors. This reflects the government’s strong emphasis on developing and utilizing metaverse technologies.
Accelerating China’s Metaverse Industry
These initiatives are predicted to accelerate the development of China’s metaverse industry, potentially positioning the country as a global hub for metaverse technology. With their focused approach and significant investments, Chinese companies and institutions could surpass Western advancements in the sector. By setting standards and investing in research and development, China is building a strong and competitive Chinese metaverse industry.
The rise of the Chinese metaverse and the establishment of the Metaverse Standardization Working Group highlights China’s ambition to lead in this emerging field. Through collaborative efforts, the Chinese government, universities, and tech giants are shaping the future of the metaverse, laying the groundwork for the standards and guidelines that will govern this virtual shared space. As China continues to invest in research and development, the country is poised to become a major influencer in the global metaverse industry.
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