According to the Popular Daily, Shandong Provincial Department of Industry and Information Technology has revealed plans to seize opportunities in virtual reality industry and the Metaverse. Shandong is preparing to launch the “Shandong Metaverse Industry Innovation and Development Alliance” and is recruiting qualified Metaverse projects within Shandong province. All entities related to Metaverse are eligible to apply for membership in this alliance.
The government encourages qualified entities to focus on the industrial chain, innovation chain, and value chain, Shandong also encourages entities to conduct research, promote technological innovatio.The alliance aims to maintain a dominant role in the development of Metaverse and virtual economy. The goal is to nurture the “Shandong Standard” for metaverse technology and industrial development, fully leverage the metaverse’s potential to boost the real economy, and promote the high-quality development of the metaverse industrial system.