Is the Metaverse booming in China? Absolutely, especially in Sichuan. Sichuan, a southwestern Chinese province that was once a crypto mining hub prior to the country’s mining ban, is betting big on metaverse development. Get ready for significant growth! China's Sichuan province aims to grow the metaverse industry to $34.4 billion by 2025. This ambitious target highlights the province's commitment to becoming a leading metaverse hub.
According to recent reports, China’s new action plan provides for the comprehensive and strategic development of its metaverse industry. Important objectives include stimulating economic growth and technological innovation. Sichuan is a key player in this national strategy. The province is focusing on various metaverse applications, from entertainment and gaming to industrial applications and education. This diverse approach is designed to make the metaverse industry growing a reality.
The goal? 25 de sept. de 2025. By this date, Sichuan aims to have a thriving and robust metaverse ecosystem, contributing significantly to the overall Chinese economy. The projected $34 billion valuation signals the immense potential recognized within the region. Keep an eye on Sichuan as it pioneers advancements and innovations in the metaverse space. The future of the China metaverse industry expected to grow substantially in this powerhouse province.