China Forms Expert Group to Set Metaverse Industry Standards

Date:

China’s Ministry of Industry and Information Technology (MIIT) has formed a new expert group comprising 60 experts from the private sector, government officials, and academic researchers to establish industry standards for the metaverse sector. This move comes as the sector faces ethical and security challenges that need to be addressed.

The working group includes representatives from renowned companies such as Huawei Technologies, Tencent Holdings, NetEase, Baidu, Ant Group, and Lenovo Group. It also includes officials from MIIT and researchers from prestigious institutions like Peking University and Fudan University.

The main objective of the expert group is to build, maintain, and promote industry standards for the metaverse. It will also focus on training talent and encouraging local companies and institutions to actively participate in international standard-setting activities.

The metaverse is a virtual three-dimensional world and has gained significant attention in recent years. Facebook even changed its name to Meta Platforms in 2021, signaling its dedication to embracing the next chapter of the internet.

China aims to become a leader in the metaverse field and has released a joint plan with five authorities to nurture at least three metaverse companies with global influence by 2025. Local governments, such as Beijing’s Tongzhou district and Shanghai, have also prioritized the development of the metaverse sector.

The establishment of the expert group by the MIIT is a significant step towards regulating and guiding the healthy and orderly development of the metaverse industry in China. By setting industry standards and addressing ethical and security challenges, China intends to create a robust and sustainable metaverse ecosystem.

See also  Shiba Inu Predicted to Reach $1 Value by December

With the participation of experts from both the private sector and academia, the group can benefit from diverse perspectives and ensure a balanced approach to standard-setting. This collaborative effort will undoubtedly contribute to the advancement of the metaverse sector in China and its integration into the global market.

The formation of this expert group aligns with China’s broader strategy to lead in emerging technologies and solidify its position as a global technological powerhouse. The country’s continuous efforts in fostering innovation and creating conducive environments for industry development highlight its commitment to shaping the future of technology.

As the metaverse sector continues to evolve and gain prominence, establishing industry standards will be crucial for its long-term success. China’s proactive approach in forming this expert group demonstrates its determination to play a leading role in shaping the metaverse landscape and leveraging its potential benefits across various sectors.

Frequently Asked Questions (FAQs) Related to the Above News

What is the metaverse sector?

The metaverse sector refers to a virtual three-dimensional world that allows users to interact with each other and engage in various activities using virtual reality (VR), augmented reality (AR), and other emerging technologies.

Why has China formed an expert group for the metaverse sector?

China has formed an expert group for the metaverse sector to establish industry standards and address ethical and security challenges. This move is aimed at guiding the healthy and orderly development of the metaverse industry in China and ensuring its sustainable growth.

Who are the members of the expert group?

The expert group comprises representatives from the private sector, government officials, and academic researchers. It includes experts from renowned companies such as Huawei Technologies, Tencent Holdings, NetEase, Baidu, Ant Group, and Lenovo Group. Officials from China's Ministry of Industry and Information Technology (MIIT) and researchers from prestigious institutions like Peking University and Fudan University are also part of the group.

What is the objective of the expert group?

The main objective of the expert group is to build, maintain, and promote industry standards for the metaverse. Additionally, the group aims to train talent in the metaverse field and encourage local companies and institutions to actively participate in international standard-setting activities.

How does China plan to lead in the metaverse field?

China aims to become a leader in the metaverse field by nurturing at least three metaverse companies with global influence by 2025. The country has released a joint plan with five authorities to support the development of the metaverse sector. Additionally, local governments, such as Beijing's Tongzhou district and Shanghai, have prioritized the development of the metaverse sector.

How will the expert group contribute to the metaverse sector in China?

The expert group's collaborative efforts and diverse expertise will contribute to the advancement of the metaverse sector in China. By setting industry standards, addressing ethical and security challenges, and promoting talent development, the group aims to create a robust and sustainable metaverse ecosystem in the country.

What does the formation of the expert group signify for China's technological development?

The formation of the expert group aligns with China's broader strategy to lead in emerging technologies and solidify its position as a global technological powerhouse. China's proactive approach in fostering innovation and creating conducive environments for industry development highlights its commitment to shaping the future of technology.

Why are industry standards important for the metaverse sector?

Industry standards are crucial for the long-term success of the metaverse sector. They provide a framework for interoperability, compatibility, and security, ensuring a seamless and trustworthy user experience. Standardization also facilitates collaboration, innovation, and the integration of the metaverse into various sectors of the economy.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Share post:

Subscribe

Popular

More like this
Related

UBS Analysts Predict Lower Rates, AI Growth, and US Election Impact

UBS analysts discuss lower rates, AI growth, and US election impact. Learn key investment lessons for the second half of 2024.

NATO Allies Gear Up for AI Warfare Summit Amid Rising Global Tensions

NATO allies prioritize artificial intelligence in defense strategies to strengthen collective defense amid rising global tensions.

Hong Kong’s AI Development Opportunities: Key Insights from Accounting Development Foundation Conference

Discover key insights on Hong Kong's AI development opportunities from the Accounting Development Foundation Conference. Learn how AI is shaping the future.

Google’s Plan to Decrease Reliance on Apple’s Safari Sparks Antitrust Concerns

Google's strategy to reduce reliance on Apple's Safari raises antitrust concerns. Stay informed with TOI Tech Desk for tech updates.