Anti-Crypto China Forms Standard-Setting Body for Metaverse, Huawei and Tencent Join Team

China is planning to conduct thorough research around the potential applications and possibilities of manufacturing and communicating using the metaverse. This shift in the country’s focus comes after its Ministry of Industry and Information Technology (MIIT) unveiled an ambitious three-year action plan for the industrial innovation and development of the metaverse …China is planning to conduct thorough research around the potential applications and possibilities of manufacturing and communicating using the metaverse. This shift in the country’s focus comes after its Ministry of Industry and Information Technology (MIIT) unveiled an ambitious three-year action plan for the industrial innovation and development of the metaverse …