The Shanghai city government has proposed a group of guidelines to help it transition to the power of the Metaverse. The Action Plan defines each of the technologies that municipalities need to focus on to achieve the goal of building a $ 52 billion metaverse economy, while at the same time establishing 10 innovative companies in the region. Useful.
Shanghai formulates Metaverse development plan
Metaverse has emerged as a technology that is of interest to the world’s major countries and cities. Shanghai, the largest city in China with a population, Document Here we show plans to become an important center of Metaverse industrial activity. One of the main goals of this focus is to grow a $ 52 billion metaverse cluster in the city.
To this end, the city plans to accommodate at least 10 innovative leading companies in the Metaverse industry and 100 companies that provide Metaverse-related technologies, all with international reach. increase. This document proposes a set of tasks to achieve this goal. This includes adding digital components to a variety of activities and sectors, such as the existence of virtual businesses, education using virtual reality, tourism and entertainment using virtual elements.
Investing in Metaverse
The issued document does not directly specify the amount the city will invest to achieve its desired goals, but the government will provide investment subsidies, interest discounts, etc. to support the metaverse industry. It states that a series of special funds need to be established. Incentives in accordance with laws and regulations to support the research and development of technology.
This document also mentions a range of technologies, including display and processor technologies, as part of the core technologies that need to be advanced to achieve better metaverses in the future. Similarly, data transmission technologies such as 5G and artificial intelligence are included in the plan.
Other countries, including South Korea, are also interested in the concept of the Metaverse. Presentation It plans to invest $ 177 million in Metaverse-related projects as part of the “Digital New Deal,” a national plan to modernize the country.Dubai too Move Preparing a government metaverse and giving citizens the opportunity to experience virtual reality government.
What do you think about the goals of Shanghai and its Metaverse? Please let us know in the comments section below.
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