Sichuan Province has proposed an action plan for the development of the Metaverse industry: by 2025, the industrial scale will reach 250 billion yuan

Odaily Planet Daily News The website of the Sichuan Provincial Department of Economy and Information Technology recently issued an announcement to openly solicit the "Sichuan Metaverse Industry Development Action Plan (2023-2025) (Draft for Comment)" from the public. The "Action Plan" proposes that by 2025, the province's metaverse-related industries will reach 250 billion yuan, empowering the digital transformation and intelligent upgrading of the manufacturing industry, and initially building an influential metaverse industrial development highland. The "Action Plan" also proposes to improve blockchain infrastructure capacity building, strengthen privacy protection, cross-chain control, mutual trust and mutual recognition, quality traceability, intellectual property rights, cross-border trade and other blockchain common application support; focus on digital twins, VR /AR/MR, artificial intelligence, Internet of Things, blockchain and other metaverse core technology fields, focus on introducing and cultivating leading enterprises with advantages, support domestic and foreign leading enterprises in the metaverse industry to build regional headquarters in our province, and strengthen their presence in the metaverse industry China's ecological leadership. Strengthen the construction of the blockchain risk management system, explore innovative regulatory models, and do a good job in compliance guidance to create an open and credible development ecology of the Metaverse. Under the premise of compliance with laws and regulations, financial service institutions are actively encouraged to increase support for the metaverse industry, explore digital asset pledge methods, and promote the digital development of enterprises.