China 2024-04-15T05:13:14+03:00
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China unveils plan on VR development

China unveils plan on VR development

China, development, PRC, technology, Virtual reality, VR-industry
China unveils plan on VR development. Photo by Xinhua.
China unveils plan on VR development. Photo by Xinhua.
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China unveiled a plan to boost the development of the virtual reality (VR) industry. This was reported by The Xinhua News Agency. http://www.chinaview.cn/

By 2026, the total scale of China's virtual reality industry, including related hardware, software, and applications, will exceed ¥350 bln (about $48.56 bln), according to the plan jointly issued by the Ministry of Industry and Information Technology and four relevant departments.

Meanwhile, the plan aimed to cultivate 100 enterprises with strong innovation ability and industry influence, while the sales of VR terminals is aimed to top 25 mln units.

China also planned to build 10 leading VR industrial clusters with regional influence and 10 industrial public service platforms to foster the sector's development, it said.

Breakthroughs will also be made in key technologies and applications as of 2026, according to the plan.



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