<span style="font-weight: 400">According to local media, China's state-backed computer industry association established a dedicated committee for metaverse development on Wednesday in response to the country's expanding push into the virtual-reality sector. Tan Jianrong, a Zhejiang University professor and co-president of the metaverse committee, said the body would help plan out how the industry should evolve and draft guidelines in an online seminar conducted by the industry lobby on Wednesday to state media Shanghai Securities Journal.</span>

https://twitter.com/BMDaily1/status/1524601089814937600

<span style="font-weight: 400">According to the report, more than 150 companies have joined the new committee. As the metaverse sector grows, delegates to China's Two Sessions, the country's most important series of political meetings, cautioned in March that regulation is urgently needed to manage data security and discourage speculation as the industry grows. Some local governments are embracing the new technology, with Xiamen announcing a three-year strategy in March to foster metaverse startups. However, a Chinese government-backed research tank has cautioned that the metaverse could pose national security risks.</span>
<h2><strong>China Opens a Metaverse Research Centre</strong></h2>
<span style="font-weight: 400">Tsinghua University is a highly rated institution. China's first metaverse culture laboratory was established to encourage the study and growth of the country's developing metaverse environment. The new lab was established between Tsinghua University's School of Journalism and Communications and Chinese Online (COL), a mainland Chinese digital publishing enterprise. The event was led in person by Xiang Botao, deputy secretary of the Tsinghua University party committee, and Tong Zhilei, chairman and president of Chinese Online Group, with virtual anchors hosting in the metaverse.</span>

China's Industry Lobby Set Up a Metaverse Committee to Assist With Draft Standards

China's state-backed computer industry association established a dedicated committee for metaverse development on Wednesday in response to the country's expanding push into the virtual-reality sector.

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China's Industry Lobby Set Up a Metaverse Committee to Assist With Draft Standards

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