Through these actions, MIIT is actively working to establish robust standards that can set a precedent in the realm of innovative technologies.
In Brief
By working on these metaverse standards, China aims to assert itself as a trailblazer in the field of technological innovation.
The concept of the metaverse, viewed as a convergence of advanced technology, has the potential to revolutionize business strategies and significantly contribute to the growth of the digital economy. This makes China’s focus on standardization crucial on a global scale.
The MIIT's recent proposal categorizes the metaverse among nine significant emerging technology sectors, emphasizing its importance for China in shaping industry regulations. Despite its rise to popularity since 2021, the definition of the metaverse remains a topic of ongoing discussion. unveiled plans The organization recognizes the challenges presented by a lack of standardized definitions, underscoring the necessity of comprehensive guidelines to foster a healthy, systematic development of the metaverse sector. Moreover, it points out the risks of market speculation linked to these vague definitions. Beijing’s Furthermore, the MIIT considers the metaverse a revolutionary blend of modern technologies that will promote innovative business practices, unlock new avenues, and bolster the digital economy. China’s proactive approach to metaverse standardization highlights its ambition to influence global technological progress.
Back in June, the China Mobile Metaverse Industry Alliance was formed, bringing together 24 companies, including giants like Huawei, HTC, and Xiaomi. Led by one of the country’s largest telecom providers, this alliance aims to enhance both the metaverse ecosystem and the broader digital economy.
Chinese firms are optimistic about the metaverse, referring to Citibank's projections that estimate its potential value could range between $8 trillion and $13 trillion by 2030, with around five billion users expected to engage within it.
According to insights from Huawei, current interactions within the metaverse mainly occur through video games on virtual reality headsets. However, projections suggest that it is transforming into the next generation of the internet, often dubbed Web3—a community-driven, user-centric, and privacy-focused environment that promises interoperability.
China Sees Future in Metaverse
The future of the metaverse will be accessible across various devices, encompassing PCs, gaming consoles, and mobile phones, reinforcing its position as a vast and inclusive ecosystem. launched Please remember that the information found on this page is meant for informational purposes only and should not be construed as legal, tax, investment, or financial advice. Only invest what you can afford to lose and consider seeking independent financial guidance if you’re uncertain. For additional clarity, we recommend reviewing the terms and conditions as well as the help and support resources offered by the issuer or advertiser. MetaversePost is dedicated to delivering accurate and impartial news, although market fluctuations may occur without prior notice.
Last year, Huawei analyzed Agne is a journalist dedicated to exploring the latest innovations and trends in the metaverse, artificial intelligence, and Web3 sectors for Metaverse Post. Her enthusiasm for storytelling drives her to conduct interviews with industry experts, always in search of compelling narratives. Agne holds a degree in literature and has a diverse writing background that includes topics ranging from travel and art to cultural issues. She has also served as an editor for an animal rights organization, championing awareness of animal welfare. You can reach out to her at
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