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An industrial hub aims for the metaverse

A woman visits an exhibition hall of a global import and export traceability center in Nansha district, Guangzhou, Guangdong province on June 15. [Photo by QIU QUANLIN/CHINA DAILY]

A hub for emerging industries in Guangzhou, capital of Guangdong province, has set its sights on a futuristic new industry, the metaverse.

This immersive version of the Internet, accessible through virtual reality headsets, augmented reality glasses or other devices, is considered by some to be the epitome of the Internet.

For Guangzhou’s Nansha District, a hub of high-end manufacturing, aerospace and marine technology, healthcare and integrated circuit industries, the metaverse represents not only an intriguing concept, but a whole new field of endeavor. lucrative.

“With the construction of a perfect digital ecology, Nansha has laid a solid foundation for the development of the metaverse industry in the near future,” said Liu Quanbao, an official with the Guangzhou Science and Technology Bureau.

The county has an artificial intelligence industrial park set up in the Qingsheng area that has attracted more than 300 AI companies, local government officials said.

According to an industry report released recently by the Hurun Research Institute, a research, media and investment group.

Companies based in the district, including Deepmirror, SequoiaDB and Cross Stars, are on the list of “future stars of the metaverse”, according to the report.

“The metaverse cutting-edge domain is the next important development direction for the Internet industry, which will profoundly change the production and way of life in the future, and promote the future industrial development,” said Rupert Hoogewerf, Chairman and chief researcher of the Hurun report. .

The Guangzhou Metaverse Innovation Alliance, which was inaugurated in Nansha in March, is expected to help inject new vitality into Guangzhou’s construction of a global benchmark in digital economy and an international consumer-centric city, according to Hoogewerf.

“With the release of the list of Metaverse companies with the greatest potential, it is expected that more companies in the Metaverse industry will settle in the district and expand there,” he said. -he declares.

Nansha has developed a good business environment for Metaverse-related businesses since adopting competitive policies to support the industry, according to Hoogewerf.

“From technology research and development, industrial agglomeration and application scenarios to financial support, special local government policies will help make Nansha a leading place for innovation and technology development. metaverse industry,” he said.

Although many companies, including some of the largest market capabilities in China, have not had a specific team dedicated to the metaverse industry, they have already applied relevant technologies in some particular areas, according to Hoogewerf.

“Media and entertainment companies are at the forefront of the metaverse, using existing technologies to explore industry application possibilities,” he said.

People using the Metaverse are expected to reach 5 billion by 2030 globally, and the potential market size of the Metaverse economy is expected to reach $10 trillion, according to a recent report from Citibank.

Construction of a science and technology innovation center is to be accelerated in Nansha for the Guangdong-Hong Kong-Macao Greater Bay Area, according to a plan to promote comprehensive cooperation in Guangdong and the two special administrative regions.

The plan, released recently by the State Council, also stressed the importance of building a platform for key science and technology innovation and the development of high-tech industries in Nansha.

By 2025, joint science and technology innovation systems and mechanisms between Guangdong, Hong Kong and Macao will be improved in Nansha, industrial cooperation will be deepened, and regional innovation and industrial transformation systems will be previously established, according to the plan.

In recent years, Nansha has advanced its innovation-driven development strategy, focusing on building infrastructure for science and technology innovation platforms, according to the local government.

In addition, the first such national system integrating innovation, industry, capital and multiple policies was launched in the district. Plans are to invest more than 20 billion yuan ($2.99 ​​billion) over the next five years to support innovation and entrepreneurship in business and talent.

Strategic emerging industries have developed vigorously in the district, with 744 high-tech enterprises settling in Nansha.

Businesses in the district have developed ambitious goals in the emerging metaverse industry.

“We will focus on building a metaverse R&D center in the near future, using our artificial intelligence and human-machine technologies in district development, such as urban planning and design, construction and construction. urban management,” said Xu Ming, vice president of Cloudwalk Technology Co.

The collaborative man-machine operating system, created by the company, is designed to promote more natural interaction between people and computers, making it easier to perform complex activities collaboratively, Xu said.

“The system provides support for developers to design and develop human-machine collaborative intelligent applications, which fits well with the development trend of the metaverse industry,” Xu said.

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