China as a technology leader for the Metaverse in 2023, report by Globaldata

  • 2023-04-07 08:00:00
  • The Cyptonomist

According to Globaldata, a global data analytics and consulting firm, it predicted that China will become a highly technologically advanced country to turn into a hub for any Metaverse-related interest.

With the introduction of 6G and the use of Artificial Intelligence, augmented reality and virtual reality, China will be in a position to position itself as a leader in the field. The two cities of Shanghai and Zhejiang have already set themselves up as centers for metaverse technology.

The Chinese Ministry of Industry and IT have released a report regarding the application of VR and Metaverse technology within industrial processes.