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Wuhan promises to create the metaverse in order to help the Covid economy recover

Wuhan

Wuhan, a significant city in central China where Covid-19 first appeared. Of course, it has announced plans to embrace the metaverse to help the city’s pandemic-ravaged economy.

According to its 2022 work plan, the administration of Wuhan, the capital city of Hubei province. That’s, will continue to integrate the metaverse, blockchain, big data. Then, cloud computing, geospatial information, and quantum technologies into its economy.

According to the China Securities Journal, three additional regions — Zhejiang province. Then, Hefei city in Anhui province, and Wuxi city in Jiangsu province. Of course, have also spelled out their metaverse objectives in work plans or other statements.

Chinese official media has previously warned against the metaverse. Which, including an opinion piece in the Economic Daily that compared small- and mid-sized metaverse investments to

“licking the blood on the edge of a knife,” citing immature technology.

According to statistics from business tracker Qichacha, Chinese enterprises, including digital giants such as Baidu and NetEase, have rushed into the metaverse market, registering more than 3,700 relevant trademarks as of Monday.

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