Recently, China’s Jiangsu province has launched its orientation to become a metaverse centre with more than 200 businesses developing virtual reality.
- Previously, six Chinese provinces, Zhejiang, Beijing, Jinan, Chongqing, Guangzhou, and Henan, launched its metaverse plan. As the 7th province, Suzhou has drawn a big picture of the future of this virtual industry in this country of billions of people.
See Related: China Aims To Make Zhejiang A Metaverse Hot Zone By 2025
- “We’re very excited to see the face of China in three years. This project will make China international.” – This is the answer The Distributed received when interviewing Crypto investors and businesses in China. People in this country are very optimistic and expect big things from the government’s goal.
- From an international perspective, “China is making great strides. However, in Asia there are still “hidden dragons” like Thailand, Indonesia, Korea, or Japan, and most recently Hongkong, so the future Asian market will be quite draconic.“
- However, because of the “late birth” of the Suzhou project, it has to compete with the cities that started first, with the Suzhou government this Metaverse race is not only international but also extremely tense at home. The budget for this project has not been announced yet, but the people of Suzhou can still be optimistic about the future development of this city.