The Chinese Government Forms Metaverse Standardization Group
The Chinese government has established a working group to create standards for metaverse platforms. The Ministry of Industry and Information Technology of China (MIIT) has released a circular announcing the formation of the Metaverse Standardization Working Group. The goal of this group is to establish rules for organizing metaverse platforms and developing the Yuanverse, China’s national metaverse platform.
Inclusion of Chinese Universities and Companies
The metaverse standardization group will include Chinese universities, as well as major companies like Huawei, Tencent, Baidu, Netease, and Sense Time. These entities will contribute to the development of rules and regulations for the metaverse industry.
Continued Focus on Metaverse Technology
China’s decision to create a metaverse standardization group shows the country’s ongoing commitment to becoming a leader in this area. Despite the waning hype around the metaverse and the increasing focus on artificial intelligence (AI), China is dedicated to developing the metaverse industry and exploring its potential use cases.
Three-Year Plan for Metaverse Development
In September, four ministries and the MIIT announced a three-year plan to boost metaverse initiatives in China. The plan aims to achieve significant progress in metaverse technology, industry, and applications by 2025. This investment and strategic focus are expected to position China as a global metaverse hub, surpassing developments in the West.
Hot Take: China Takes the Lead in Metaverse Standardization
The Chinese government’s establishment of a metaverse standardization working group demonstrates their determination to lead in the metaverse field. By bringing together universities and major companies, China is dedicated to developing rules and regulations for the metaverse industry. This aligns with their three-year plan to boost metaverse initiatives and solidify their position as a global metaverse hub. While metaverse hype has subsided globally, China’s strategic focus on this technology shows their commitment to exploring its potential and driving its development. China’s efforts in standardization and investment in the metaverse industry are likely to shape its future and impact the global landscape.
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