The first national-level policy statement for the development of metaverse-related technologies, such as virtual reality (VR), augmented reality (AR), and mixed reality (MR), has been published in China.

On November 2, 2022, the Virtual Reality and Industry Application Integration Development Action Plan (2022–2026) was published. It offers the most complete set of policies for building China’s metaverse to date, including important tasks and development objectives for the years up to 2026. The Action Plan identifies five crucial tasks for the growth of the VR/AR/MR sector over the following five years. Achieving substantial advancements in immersive audio-visual technology, VR integration, and important 3D technologies along with improving the industrial environment, developing important businesses and industrial clusters, and enhancing the new generation of human-friendly VR terminal goods are the main goals.

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It outlines a variety of strategies to advance the industries’ growth as well as how the government’s various agencies ought to collaborate to direct it. R&D and production of VR, AR, and MR equipment are two areas where China’s Action Plan for the Virtual and Augmented Reality Industry (2022 Version) aggressively promotes international involvement. China has traditionally matched its fundamental industrial and economic objectives with its foreign investment policy. Further focused policy documents are anticipated for various parts of the business, since this plan serves as the initial guiding policy for the growth of China’s VR industry.

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