The metaverse is an immersive, interconnected space where the digital and physical worlds converge. It represents a future industry driven by the integrated innovation and application of next-generation information technologies, embodying new scenarios, applications, and ecosystems for the digital economy, and serving as an advanced form of integration between the digital and real economies.To seize the window of opportunity for industrial development, accelerate the planning and cultivation of the metaverse industry, open up new fields and avenues in the digital economy, and foster new drivers and competitive advantages for development, this Action Plan is formulated in accordance with the overall requirements for building the “613” industrial system and in light of our city’s actual conditions.
I. Guiding Principles
Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and General Secretary Xi Jinping’s important directives on new industrialization and new-quality productive forces. We will fully, accurately, and comprehensively implement the new development philosophy, accelerate efforts to serve the construction of a new development paradigm, and coordinate the short-term goals and long-term development of the metaverse industry. With the primary objectives of fostering the metaverse industry and empowering the manufacturing sector,we will adhere to the principles of innovation-driven development, scenario-driven application, systematic planning, and ecosystem building. We will focus on fostering new technologies, products, and business models in the metaverse sector, driving the innovative development of the software and information services industry as well as the electronic information manufacturing sector, thereby providing strong support for building a manufacturing powerhouse and a digital Yangzhou.
II. Development Goals
Focusing on the digital content and new display sectors, we will accelerate the construction of the metaverse industrial chain; research and master a range of core technologies; introduce and cultivate a group of high-quality enterprises; and integrate to create a series of distinctive application scenarios. We will gradually improve the metaverse industrial system and preliminarily establish the metaverse’s leading and driving role in industrial transformation and upgrading as well as comprehensive urban governance.
Accelerate breakthroughs in core technologies. Promote the development of new display technologies such as Mini/Micro-LED (micro light-emitting diodes), increase R&D efforts in digital modeling, intelligent algorithms, and intelligent computing hardware and software infrastructure, strive to achieve breakthroughs in industry-specific AI (artificial intelligence) large models, and accelerate the generation of a batch of scientific and technological innovation achievements through methods such as open challenges and targeted research on core technologies.
Continuously expand the industry scale. By 2026, attract and cultivate a group of innovative metaverse-related enterprises, actively expand the industrial chain in areas such as digital content, new display technologies, and human-computer interaction, and achieve a metaverse-related industry scale of 10 billion yuan, driving the city’s software and information services revenue to exceed 20 billion yuan.
Accelerate the advancement of integrated applications. Focus on five key sectors—industry, culture and tourism, government affairs, education, and healthcare—to create 10 typical metaverse application scenarios and demonstration projects. Use these pilot initiatives to drive broader adoption and strengthen their exemplary role, actively fostering new business models and formats for metaverse products.
A preliminary industrial ecosystem has taken shape. By strengthening infrastructure development and improving industrial development factors, we aim to achieve initial results in metaverse technological innovation, industrial development, application demonstrations, and ecosystem construction by 2026, thereby establishing the metaverse as a new growth engine for the digital economy.
III. Key Tasks
(1) Launch the Innovation Capacity Enhancement Initiative
Capitalizing on the characteristics of the metaverse as a source of technological innovation, we will leverage the city’s existing industrial and technological foundation to target cutting-edge metaverse technologies and their evolutionary directions. We will focus on spatial architecture technologies such as digital twins and virtual rendering, prioritize optimizing near-eye display and perceptual interaction experiences, and promote integrated innovation in technologies related to large AI models.
1. Strengthen the development of core hardware. Encourage metaverse-related enterprises across the city to actively integrate into the VR (virtual reality) wearable device industry chain. Guide optical component manufacturers to increase R&D efforts on Fresnel lens systems and Pancake (multi-lens folded optical path) lens systems, thereby enhancing the supply capacity of optical modules for VR devices.Consolidate the industrial foundation of LED backlight modules, accelerate the R&D and industrialization of Mini-LED, and closely monitor emerging display technologies such as Micro-LED and Micro-OLED (organic light-emitting diodes) to expedite industrial deployment. Promote the R&D of new intelligent sensors based on MEMS (micro-electro-mechanical systems) andCMOS (Complementary Metal-Oxide-Semiconductor) integrated processes. Prioritize breakthroughs in new 3D sensing technologies based on VCSEL (Vertical-Cavity Surface-Emitting Laser) chips, and proactively plan for sensing technologies such as odor simulation, haptic feedback, electromyography (EMG) sensing, and brain-computer interfaces. Promote the integrated development of interaction technologies toward intelligence, low power consumption, and naturalness, and establish real-time, immersive, and multimodal interaction methods.[Responsible Units: Municipal Science and Technology Bureau, Municipal Bureau of Industry and Information Technology; People’s Governments of all counties (cities, districts); Administrative Committees of the Economic and Technological Development Zone, Eco-Technology New City, and Shugang-Slender West Lake Scenic Area. All county (city, district) governments and functional zone administrative committees are required to participate; they are not listed separately hereafter.]
2. Focus on developing critical software. Encourage software enterprises to accelerate the R&D of foundational software for the metaverse, such as operating system compilers, databases, and middleware. Expedite breakthroughs in core software for fields including 3D dynamic modeling, digital content generation, and the construction of trusted data spaces. Form a software product matrix covering computing power, operational capacity, storage infrastructure, and AI algorithm applications, and strive to build large-scale AI models for industry applications.Fully leverage the strengths of the domestic IT innovation industry. Focus on specialized fields such as remote sensing and surveying, digital modeling, human-computer interaction, and smart cultural tourism. Aiming for lightweight, modular, and scalable solutions, launch independently controlled storage systems and data asset management platforms to provide computing and storage support for AI model training and inference applications.Addressing the common needs of key industries and application scenarios, we will build, develop, and operate an AI service platform to provide general-purpose services such as digital identity registration, data asset management, digital twin construction, and foundational mechanistic models. This will accelerate the development of a metaverse service ecosystem and facilitate the creation of a range of metaverse industry application software. [Responsible Units: Municipal Bureau of Industry and Information Technology, Bureau of Science and Technology, Bureau of Data]
3. Strengthen support for content generation. Leveraging the foundation of the 3D modeling industry, accelerate the integrated application of technologies such as BIM (Building Information Modeling), CIM (City Information Modeling), GIS (Geographic Information Systems), and 3D visualization. Enhance the comprehensive connection and high-level synergy between virtual spaces and the real world, striving to build digital twins characterized by precise mapping, integration of virtual and real elements, and intelligent interaction, thereby further improving digital modeling capabilities.Encourage relevant enterprises to intensify R&D efforts on key AI technologies such as machine learning, natural language processing, and intelligent algorithms. Fully leverage the powerful enabling role of AIGC (Generative AI) in the generation and application of metaverse content, and combine UGC (User-Generated Content), PGC (Professionally-Generated Content), and OGC (Occupationally-Generated Content) to jointly form a new model for metaverse content production.Taking the "Intelligent Transformation, Digital Transition, and Network Integration" special campaign as an opportunity, we will focus on smart manufacturing demonstration factories and typical scenarios to continuously improve the construction of digital twin factories and gradually enrich digital content in the industrial sector.Leveraging the resource advantages of Yangzhou as a historic and cultural city, we will promote the migration of existing cultural heritage sites, scenic spots, and historical figures into virtual spaces. We will create a series of original digital IPs and digital avatars with Yangzhou characteristics and expand their application and promotion in fields such as e-commerce live streaming, film and entertainment, education and training, healthcare, and government services. [Responsible Units: Municipal Bureau of Industry and Information Technology, Bureau of Science and Technology, Bureau of Culture, Radio, Television, and Tourism, Bureau of Commerce, Bureau of Education, Health Commission, Bureau of Data]
(2) Launch the Industrial Entity Attraction and Cultivation Initiative
Strengthen the cultivation of a group of key enterprises, improve the tiered cultivation mechanism, and focus on building a new pattern of integrated development among large, medium, and small enterprises. Fully leverage the advantages of Yangzhou’s numerous science and technology complexes—which feature a high concentration, an excellent environment, and high-quality services—and fully utilize the role of industrial parks as platforms in aggregating key factors and providing support and leadership for industrial development to build industrial innovation consortia.
1. Attract and Cultivate Leading Enterprises. Establish and improve an investment promotion map for the metaverse industry chain, emphasizing precision targeting. Adhere to the principle of attracting excellence and fostering strength, intensify efforts to attract enterprises in key industrial segments and areas with supply chain weaknesses, and continuously work to fill gaps, extend, and strengthen the industry chain. Focus on industrial sectors such as smart terminals, digital tools, and integrated applications to attract and cultivate a group of leading enterprises with strong technology integration capabilities and significant influence across the upstream and downstream of the industry chain. Strive to attract a number of industry headquarters or R&D centers to accelerate the coordinated development of the entire industry chain.Encourage leading and key enterprises to collaborate with top-tier domestic universities, renowned research institutes, and financial institutions to jointly establish new R&D institutions. This will drive the expansion of the metaverse industrial chain into an ecosystem and foster a group of ecosystem-leading enterprises with control over the industrial chain. Support a group of provincial-level chain-leading enterprises to grow and strengthen their capabilities, consolidate and enhance the foundational advantages of the information technology innovation industry, and further increase influence in the field of artificial intelligence. [Responsible Units: Municipal Bureau of Industry and Information Technology, Development and Reform Commission, Commerce Bureau, Science and Technology Bureau]
2. Incubate Innovation Entities. Support manufacturing enterprises in leveraging existing industrial foundations to conduct core R&D focused on metaverse foundational technologies, interaction technologies, and creation technologies. Promote the technological R&D, product manufacturing, and contract manufacturing of metaverse-related display, sensing, and terminal devices, and incubate a cohort of metaverse technology “Little Giants,” “Specialized, Refined, Unique, and Innovative” enterprises, and high-tech enterprises specializing in niche sectors.Encourage film and television production, game development, and software R&D enterprises to leverage their advantages in technology, branding, and supply chain resources to expand their business domains and extend their value chains. By adopting a crowdsourcing development model, they should actively undertake R&D and manufacturing of metaverse hardware and software products to accelerate their entry into this new market sector.Fully leverage the platform role of various innovation and entrepreneurship activities, such as the “i-Innovation Cup” Internet Innovation and Entrepreneurship Competition, to build a platform where technology, talent, and capital converge. Use competitions to drive industrial development and foster high-growth, start-up-style metaverse enterprises. [Responsible Units: Municipal Bureau of Industry and Information Technology, Municipal Bureau of Science and Technology]
3. Build Industrial Hubs. Encourage various industrial parks, technology business incubators, and co-working spaces to actively facilitate the transfer and commercialization of scientific and technological achievements in the metaverse sector, incubate and nurture innovation entities and startup enterprises, accelerate the formation of a cohort of metaverse innovation enterprises, and gradually expand the scale of the city’s metaverse industry.Encourage eligible counties, cities, and districts to leverage their own strengths and foundations to continuously expand application scenarios, explore the development of metaverse industrial parks using a blended virtual-physical model, and optimize collaborative service capabilities such as spatial layout, supporting facilities, and resource allocation within the parks. This will attract enterprises from across the industrial chain to establish operations and develop, thereby creating specialized, distinctive, and clustered metaverse industrial clusters.Support counties (cities, districts) in providing foundational services—such as R&D platforms, network environments, computing power resources, and urban data repositories—to early-stage metaverse enterprises and innovation teams, while collaborating with relevant institutions to offer value-added services including human resources, intellectual property, equity investment, strategic consulting, and legal consulting. [Responsible Units: Municipal Science and Technology Bureau, Human Resources and Social Security Bureau, Market Supervision Administration]
4. Strengthen Hardware Deployment. Focusing on hardware segments of the metaverse industry chain—such as next-generation displays, smart sensors, and AI storage and computing equipment—accelerate the transition from component suppliers to end-product manufacturers through vertical integration. First, transition to the production of end-application products; encourage enterprises in the next-generation display sector to continue intensifying R&D on high-efficiency LED backlight modules, gradually explore and transition to the production of new end-products, and accelerate the deployment of Mini/MicroLED display technologies.Second, enhance smart sensing capabilities by guiding relevant enterprises to accelerate their horizontal expansion from traditional sensors to new smart sensors. Third, strengthen the performance of storage and computing equipment by encouraging leading enterprises to increase R&D in domestically produced CPUs and AI computing accelerator cards, further optimizing the comprehensive performance of AI servers at the PFlops (petaflops) level to provide computing and storage support for AI model training and inference applications. [Responsible Unit: Municipal Bureau of Industry and Information Technology]
5. Expand the Software Sector. Fully leverage the resource aggregation advantages of being the only provincial-level software park cultivation pilot in Central and Northern Jiangsu, further consolidate strengths in 3D modeling, intelligent computing platforms, and industry-specific application software, and continuously broaden the development direction of the software industry in the metaverse sector. First, strengthen digital content production by encouraging relevant enterprises to further optimize the full production process from data collection to 3D model creation, thereby significantly improving digital modeling capabilities.Second, strengthen the R&D of digital tools, encourage leading enterprises to focus on the storage and management of massive-scale AI training datasets, improve the development of AI service platforms, and actively expand into cutting-edge technological fields such as large AI models and generative AI. Third, foster system integration solutions, guiding software enterprises to vigorously develop industry-specific application solutions—such as digital twins, smart cultural tourism, and digital transportation—based on industry needs. [Responsible Units: Municipal Bureau of Industry and Information Technology, Municipal Bureau of Data, Municipal Bureau of Science and Technology]
(3) Launch the Application Scenario Integration Initiative
Create 10 typical metaverse application scenarios and demonstration projects in fields such as industrial manufacturing, cultural tourism, government services, education, and healthcare. Use these pilot projects to drive broader adoption and strengthen their exemplary role, thereby promoting the continuous expansion of “Metaverse+” initiatives.
1. Industrial Metaverse. Encourage key enterprises within the “6 Clusters and 13 Chains” to accelerate the integrated application of metaverse technologies with advanced manufacturing technologies. Promote the mutual integration of virtual and physical elements across the entire “design–R&D–manufacturing–sales–management” lifecycle and all production factors, achieving intelligent production, visualized management, and digital decision-making. Build truly meaningful metaverse digital factories and create 3 typical metaverse application scenarios and demonstration projects.Fully leverage the bridging and empowering roles of metaverse technologies such as VR/AR/MR, digital twins, and artificial intelligence. Support the development of modular, low-cost, and easy-to-maintain metaverse technology products and solutions to lower the technical barriers for small and medium-sized enterprises (SMEs) in adopting the industrial metaverse. Encourage SMEs to expand device-level and production-line-level applications in areas such as collaborative design, manufacturing and assembly, employee training, and product展示.Explore the establishment of unified and open data interfaces, underlying platforms, and connectivity standards; build a series of “Industrial Metaverse + Vertical Industries” open platforms; and guide SMEs to innovate and start businesses based on these platforms. [Responsible Unit: Municipal Bureau of Industry and Information Technology]
2. Cultural and Tourism Metaverse. Fully leverage Yangzhou’s deep cultural heritage and abundant tourism resources to revitalize the intellectual property (IP) of attractions such as Slender West Lake, Daming Temple,He Garden, Ge Garden, and Dongguan Street, and encourage tourist attractions, cultural and museum venues, and commercial districts to utilize digital guide avatars and VR/AR guided tours. Develop immersive tourism products such as AR companion tours and VR virtual tours, create new forms of cultural tourism that combine offline themed scenarios with online open worlds, expand new panoramic tourism models, and establish three typical metaverse application scenarios and demonstration projects.Encourage the development of virtual performing arts and sporting events, guiding the integration of technologies such as holographic projection and motion-sensing interaction with sports competitions, concerts, and music festivals to create “super live events” that blend the virtual and real worlds, thereby enhancing the immersive experience. Utilize artificial intelligence and digital avatar technologies to explore the development of virtual brand endorsements and the virtual live-streaming economy, broadening offline business operation models. [Responsible Unit: Municipal Bureau of Culture, Radio, Television, and Tourism]
3. Government Metaverse. Encourage the integration of “contactless approval” with metaverse technologies, accelerate the application of digital avatar customer service and real-scene navigation in government services, and create a government service space that blends the virtual and real worlds. Consolidate and enhance capabilities in the collection, operation, and management of public geospatial data; explore and cultivate a group of urban digital space operators; advance the construction of digital twin cities; accelerate the comprehensive connection and high-level coordination between virtual spaces and the real world; and improve the scientific nature of urban governance.Explore the use of metaverse technology for dynamic simulation and real-time monitoring of urban risks, fully leveraging its potential in emergency response to public security, transportation, natural disasters, and other urban crises to enhance the effectiveness of urban governance, and create two typical metaverse application scenarios and demonstration projects. [Responsible Units: Municipal Bureau of Data, Municipal Urban Management Bureau, Municipal Bureau of Housing and Urban-Rural Development, Municipal Public Security Bureau, Municipal Bureau of Transportation, Municipal Emergency Management Bureau, Municipal Bureau of Natural Resources and Planning]
4. Education Metaverse. Fully leverage the immersive and highly perceptual interactive characteristics of the metaverse to support the construction of virtual reality classrooms, teaching and research rooms, laboratories, and virtual simulation training bases in our city’s primary and secondary schools, higher education institutions, and vocational schools.For experimental and imaginative teaching content, develop a series of virtual reality digital courses based on teaching syllabi. Strengthen students’ hands-on interaction with various virtual objects, complex phenomena, and abstract concepts to upgrade teaching models toward self-directed experiences, thereby creating immersive new classrooms that support independent inquiry and collaborative learning.Encourage relevant enterprises to explore and develop integrated products such as digital twin campuses, VR panoramic classrooms, virtual teacher avatars, and virtual simulation teaching platforms. Build a future educational model characterized by the symbiosis of virtual and real worlds and cross-disciplinary exploration, expand the coverage of high-quality educational resources, and create one typical metaverse application scenario and demonstration project. [Responsible Unit: Municipal Education Bureau]
5. Medical Metaverse.Explore the development of metaverse healthcare scenarios in areas such as drug development trials, surgical simulations, treatment of psychological/mental disorders, and medical imaging. Accelerate innovation in application services for the metaverse in medical education and training, healthcare services, and telemedicine consultations. Establish a full-lifecycle health management model and create digital, intelligent, and immersive solutions for clinical diagnosis and treatment, rehabilitation care, and sports and exercise—combining online and offline approaches—to shift the health paradigm from “post-event treatment” to “pre-event prevention.”Promote the application of artificial intelligence in imaging examinations and data analysis. Encourage hospitals to adopt auxiliary equipment such as smart operating rooms and surgical robots to provide digital and intelligent support for condition analysis and assessment, surgical plan formulation, and precise surgical implementation. Create one typical metaverse application scenario and demonstration project. [Responsible Unit: Municipal Health Commission]
(IV) Launch the Industrial Ecosystem Foundation-Building Initiative
By understanding the characteristics of future industrial development and the growth patterns of science and technology innovation enterprises, we will strengthen infrastructure support, ensure industrial resources, and enhance data security management capabilities for the metaverse industry. We will strive to achieve initial results in the city’s metaverse technological innovation, industrial development, application demonstrations, and ecosystem construction.
1. Strengthen Metaverse Infrastructure. Aligning with the metaverse’s network requirements for high-speed, low-latency, and comprehensive three-dimensional coverage, proactively plan future network systems and accelerate the research and deployment of new network technologies such as 5G-A/6G, gigabit/10-gigabit optical networks, FTTR (Fiber-to-the-Room), and satellite internet.Coordinate computing resources citywide, optimize computing supply, and build a new computing system characterized by cloud-edge integration, computing-network integration, intelligent scheduling, and green, low-carbon operations. Accelerate the construction of key data center projects within the Yizheng Big Data Industrial Park, and intensify the planning and construction of new data center types such as artificial intelligence computing centers and edge data centers to provide computing power support for the metaverse’s ultra-high content realism and real-time interactive freedom.Improve the computing power support service system, promote the establishment of a public computing power service cloud platform, provide comprehensive computing power services integrating diverse computing resources, general-purpose algorithms, and model adaptation, and explore computing power scheduling.Support the development of technologies such as near-field ultra-wideband transmission, multimodal data compression and coding, and adaptive network transmission; promote the large-scale application of IPv6 (Internet Protocol version 6); and optimize the technical adaptation of 5G and “gigabit optical networks” for metaverse applications. [Responsible Units: Municipal Development and Reform Commission, Data Bureau, Office of the Municipal Cybersecurity and Informatization Committee, Bureau of Industry and Information Technology, Jiangsu Yangzhou Communications Industry Management Office]
2. Strengthen the Foundational Elements of the Metaverse Industry. Enhance the recruitment and training of industry talent; publish a directory of urgently needed and scarce metaverse talent; establish a collaborative talent cultivation mechanism involving government, universities, and enterprises; and encourage local universities to establish new metaverse-related majors.Encourage equity investment institutions to establish metaverse industry investment funds in Yangzhou, leverage the guiding role of municipal-level industrial development funds, and strengthen support for innovative enterprises and major industrialization projects in the metaverse sector. Explore the open sharing of public data and urban computing power; encourage metaverse enterprises to innovate and create hit products; actively attract upstream and downstream enterprises in the industrial chain to establish operations; promote the clustered development of the metaverse industry; and build specialized, distinctive metaverse industrial bases.Encourage local industry associations and leading enterprises to actively participate in the formulation of foundational general standards, key technology standards, and service application standards for the metaverse, thereby enhancing the industry’s influence. [Responsible Units: Municipal Party Committee Organization Department (Municipal Talent Office), Municipal Data Bureau, Local Financial Supervision and Administration Bureau, Finance Bureau, Industry and Information Technology Bureau, Market Supervision and Administration Bureau]
3. Coordinate the Development and Security of the Metaverse. Strengthen the analysis and assessment of data security risks in the metaverse sector; actively conduct research on metaverse laws, regulations, and regulatory policies; establish a prudent and inclusive error-tolerance mechanism and regulatory framework; continuously enhance security capabilities; and further optimize the development environment for the metaverse industry.Improve the classification and grading protection system for metaverse industry content; encourage product developers and platform operators to strengthen industry self-regulation; standardize practices regarding the collection, storage, and use of user information; and enhance data security and cross-border data management. Explore compliance mechanisms for the trading of digital assets, digital collectibles, and digital film and television copyrights; promote the construction of open platforms that support the display, circulation, content distribution, and full lifecycle management of digital products; prevent excessive hype around concepts; and ensure the fair and healthy development of the industry.[Responsible Units: Office of the Municipal Cybersecurity and Informatization Committee, Municipal Data Bureau, Municipal Bureau of Industry and Information Technology]
IV. Support Measures
(1) Strengthening Organizational Leadership
The metaverse industry will be cultivated as a key future industry for our city’s development. Efforts will be accelerated to integrate it into the next-generation information technology industry cluster and the artificial intelligence industrial chain. The “Eight Ones” working mechanism will be refined to effectively advance major projects, provide services to key enterprises, tackle key technological challenges, and monitor industry operations.Relevant municipal departments will jointly establish a metaverse working group to create a mechanism for coordinated planning and collaborative action. By bringing together innovative enterprises, industry experts, and think tanks to hold joint meetings, we will strengthen the organizational implementation, tracking and evaluation, and supervision of the action plan, while exploring diverse development models and pathways. We will establish a metaverse expert database leveraging the capabilities of research institutions, leading enterprises, and industry alliances to provide intellectual support for industrial development.
(2) Strengthen Policy Guidance
Effectively coordinate and utilize existing national, provincial, and municipal policies to implement tax incentives such as corporate income tax reductions for software enterprises, additional deductions for R&D expenses, and immediate VAT refunds, thereby comprehensively supporting enterprise development.Research and formulate special support policies to accelerate the development of the metaverse industry. Integrate various resources, optimize innovative policy measures, and utilize investment subsidies, talent subsidies, and interest subsidies on financing to support metaverse technology R&D and the commercialization of research outcomes. Actively seek support for the city’s metaverse industry development through industrial support policies at the national and provincial levels, and guide enterprises in applying for key core technology R&D projects and science and technology programs in metaverse-related fields.
(3) Accelerating Talent Attraction and Cultivation
Guide universities such as Yangzhou University to enhance their capacity for training metaverse talent, focusing on specialized fields such as big data, cloud computing, artificial intelligence, and blockchain, and strengthening the development of disciplines and programs in computer science and technology, information and communications engineering, and software engineering. Encourage enterprises to engage in industry-academia-research collaboration with universities and research institutes to cultivate a cohort of urgently needed talent with interdisciplinary knowledge and professional capabilities.Implement talent recruitment and cultivation plans to attract high-level talent and teams in the metaverse field from around the world, and strengthen the training of mid-to-senior management personnel and high-quality technical and skilled personnel in metaverse enterprises.
(4) Strengthen Financial Support
Guide financial institutions to provide credit support and develop financial products and services such as metaverse intellectual property pledge financing and technology insurance. Leverage the guiding role of government industrial funds to strengthen support for key metaverse technologies, enterprise growth, and industrial development, thereby driving the metaverse industry to extend deeply into application, market, and consumer segments.Support enterprises in obtaining commercial loans through equity pledge financing, accounts receivable pledge financing, and supply chain finance. Encourage eligible enterprises to raise funds by issuing corporate bonds, company bonds, and short-term financing bills.
