Chinese Government Steps Into Metaverse
The Chinese city of Nanjing has recently introduced a government-backed metaverse platform known as the China Metaverse Technology and Application Innovation Platform.
This initiative aims to facilitate and promote metaverse research and development throughout the country. The platform is led by the Nanjing University of Information Science and Technology (NUIST) and includes various academic institutions and metaverse-related companies as founding members from mainland China.
Its primary objective is to encourage collaboration and cooperation among different stakeholders in the metaverse ecosystem, while also providing resources and support for metaverse research and development. The launch of the China Metaverse Technology and Application Innovation Platform signifies a significant milestone for the metaverse industry in China, demonstrating the government’s endorsement and commitment to its advancement.
This platform is expected to expedite the growth of the metaverse in China and attract foreign investments and talent to the Chinese metaverse ecosystem.
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