China’s dedication to Web3 technologies persists, as revealed by a local news report detailing the release of a “Cultural Metaverse White Paper” at the 4th Yangtze River Delta International Cultural Industries Expo in Shanghai.
The white paper outlines practical cultural metaverse applications already implemented across various sectors, such as tourism, entertainment, and gaming.
The document also identifies existing challenges and potential future opportunities associated with metaverse initiatives. It proposes that through delivering virtual immersive experiences, this technology could positively impact China’s tourism sector.
Compiled by the China Cultural Industry Association in collaboration with over 120 scholars from more than 20 universities in China, this release follows China’s Ministry of Industry and Information Technology’s unveiling of a three-year metaverse plan in September. The plan aims to drive metaverse innovation across industries, with a focus on security and technological advancements.
China’s commitment to metaverse developments includes a strong emphasis on user safety. In August, it proposed integrating its social credit system with the metaverse to enhance safety, sparking discussions on privacy and control within virtual realms.
China’s strides in the metaverse align with the global trend, mirroring efforts by other nations like the United Arab Emirates (UAE).
The UAE recently announced a Metaverse Strategy expected to contribute $500 million to the national economy. Additionally, it introduced a Responsible Metaverse Self-Governance Framework prioritizing privacy, transparency, and inclusivity, aiming to create a safer and more accountable metaverse.