Zhejiang, a coastal province of China, has submitted a metaverse development plan that seeks to build a metaverse center on its territory. The plan aims to attract the creation of a $28.7 billion metaverse industry and build an ecosystem of various companies integrating this technology as part of their operations by 2025.

Zhejiang presents metaverse development plan

Zhenjiang, a Chinese province, presented its metaverse development plan on December 15, aiming to become one of the largest metaverse centers in the country. The plan, which calls for the integration of several companies active in the metaverse, aims to produce a $28.7 billion metaverse industry by 2025.

In the document, the province outlines the actions it will need to reach its goal, starting in 2023. One of these…