The Beijing Municipal Government has announced a two-year plan for the development and innovation of the Metaverse. In order for the Metaverse to be successfully developed, various municipalities need to not only track NFT technology trends but also integrate the Metaverse into education and tourism.
The Beijing municipal government announced a two-year plan for Metaverse innovation and development that would require all districts to adhere to the newly released Web3 innovation plan.
The Metaverse is referred to as a new generation of information technology integration and innovation that will fuel the internet’s growth toward Web3 in the development action plan. The innovation strategy aims to help Beijing develop a digital economy benchmark city by promoting Metaverse-related industries.
To put the action plan into effect, many districts need to first develop city-wide technological infrastructure and then advance its use in various fields including education and tourism. The proposed program would involve integrating 3D visualization and GIS (Geographic Information System) to create a visual urban space digital platform that can be utilized to further intelligent infrastructure development.
The Beijing municipal government on Tuesday unveiled a two-year (2022–2024) Metaverse innovation and development plan that calls for all districts to comply with the recently released Web3 initiative. The growth action plan refers to the Metaverse as a new type of information technology integration and innovation that would help propel the internet toward Web3.
The strategy focuses on encouraging the growth of Metaverse-related businesses and assisting Beijing in becoming a global digital economy leader. The action plan requires various cities to build technological infrastructure at the city level and promote its usage in a variety of sectors, including education and tourism.
The proposed development program would integrate 3D visualization and GIS (Geographic Information System) to create a visual urban space digital platform. This would allow for the intelligent infrastructure layout to be more efficiently advanced.
Over the last few months, two major cities in China have unveiled multi-year action strategies that include the Metaverse and NFTs. The growing interest of China’s government in prominent Web3 technologies may result in greater usage throughout the country, much like its CBDC, which is currently used by millions.