The concept of a metaverse, a virtual shared space where users can interact in different ways, is gaining popularity worldwide. In response to this trend, the Chinese government has taken proactive steps to establish standards for a Chinese metaverse platform.
This month, the Ministry of Industry and Information Technology (MIIT) announced the formation of the Metaverse Standardization Working Group. This group consists of Chinese universities, government institutions and technology giants such as Tencent, Huawei and Baidu. With their combined expertise, the group aims to shape China’s metaverse future by setting rules for metaverse platforms.
The MIIT emphasized standards that reflect industrial development and management needs. Setting clear guidelines and standards creates a more structured and secure environment in which users can navigate the metaverse. Additionally, feedback on the group’s proposal is open until February 18, emphasizing a collaborative approach to setting these standards.
An important part of the Chinese Web3 strategy
This initiative is in line with China’s Web3 strategy, which focuses on promoting technologies such as blockchain and metaverse. China is committed to exploring potential applications of these technologies, demonstrating its commitment to leading the digital sector.
In SeptemberFour ministries, including the MIIT, have jointly released a three-year action plan to achieve breakthroughs in metaverse technology. The country aims to make major advances in metaverse technology and its industrial and government applications by 2025, aiming to become a major driver in the digital economy with leading power in the world.
In addition, the plan is to cultivate three to five globally influential environmental enterprises and create a range of new business ventures, models and formats in the consumer and public service sectors. This highlights the government’s strong emphasis on developing and using metaverse technologies.
Experts predict that these initiatives will accelerate the development of China’s metaverse industry. This potentially positions the country as a global hub for metaverse technology. And with their focus and investments in this emerging area, Chinese companies and institutions could surpass Western progress in the sector.
Moreover, the establishment of the Metaverse Standardization Working Group and the Web3 Strategy in China shows that the country wants to play a leading role in the metaverse. By setting standards and investing in R&D, China is building a strong Chinese reverse industry.