The Beijing municipal government announced a two-year (2022-2024) Metaverse innovation and development plan that requires all districts to adhere to it.
The main purpose of the development action plan is to open the eyes of a new generation to the Metaverse by fully understanding its information technology integration and innovation that will drive the growth of the internet towards Web3.
In addition, the focus of the plan is to promote the development of Metaverse-related industries and help Beijing build a benchmark city for the digital economy.
Therefore, various districts are required to build technology infrastructure at the city level as well as market its use in various fields including education and tourism.
Therefore, the implementation of the development program will see technical integration such as 3D visualization and Geographic Information System (GIS) to build a digital platform of visual urban space, then advance the layout of digital infrastructure.
It is well known that the Metaverse development action plan also directs counties and municipalities to offer financial support and human resources in building virtual reality.
In fact, tracking non-fungible token (NFT) trends as well as exploring regulatory sandbox programs to support innovation are also demanded by the Beijing municipal government.
