Policy Measures to Strengthen Investment Promotion and Accelerate the Construction of Modern Industrial System in Shanghai

According to reports, the General Office of the Shanghai Municipal People’s Government has issued a notice on policy measures to strengthen investment promotion and accelerate the construction of a modern industrial system in the new era. The measures are proposed to carry out investment attraction in the fields of “metaverse” infrastructure, interactive terminals, digital tools, etc., open up more than 50 major metaverse application scenarios at the municipal level for external investment, continue to carry out supply and demand docking and showcase, and accelerate the introduction of “metaverse” projects such as 3D graphics, image engines, and digital modeling. Increase support for investment projects in the “metaverse” field, and provide support up to 30% of the project investment and up to 20 million yuan in accordance with regulations for the introduction of key technologies, key projects, and industrialization projects that meet the conditions.

Shanghai: Provide financial support for investment projects in the “metaverse” field with no more than 30% of the project investment

In response to the evolving digital landscape, the Shanghai Municipal People’s Government has proposed new policy measures to strengthen investment promotion and accelerate the construction of a modern industrial system in the new era. The proposed measures aim to promote investment attraction in the fields of “metaverse” infrastructure, interactive terminals, digital tools, etc. As part of this initiative, the city will open up more than 50 major metaverse application scenarios for external investment, carry out supply and demand docking, and accelerate the introduction of “metaverse” projects such as 3D graphics, image engines, and digital modeling.

Overview of the Policy Measures

The General Office of the Shanghai Municipal People’s Government has issued a notice outlining the policy measures to accelerate investment promotion and the construction of a modern industrial system in the city. These measures include:
– Carrying out investment attraction in the fields of “metaverse” infrastructure, interactive terminals, digital tools, etc.
– Opening up more than 50 major metaverse application scenarios at the municipal level for external investment
– Continuing to carry out supply and demand docking and showcase
– Accelerating the introduction of “metaverse” projects such as 3D graphics, image engines, and digital modeling
– Increasing support for investment projects in the “metaverse” field
– Providing support up to 30% of the project investment and up to 20 million yuan in accordance with regulations for the introduction of key technologies, key projects, and industrialization projects that meet the conditions.
These measures aim to promote the development of the “metaverse” and digital industries in Shanghai and create a competitive environment for innovation and entrepreneurship.

What is the “Metaverse”?

The “metaverse” is a term used to describe a shared virtual space that is created by the convergence of physical and virtual worlds. This space consists of a variety of digital environments, such as games, social media, and other interactive platforms. As the demand for digital content grows, the “metaverse” is becoming an increasingly popular concept in the world of technology.

Importance of the “Metaverse”

The “metaverse” is an essential tool for the development of digital industries, which are becoming increasingly important in the modern business landscape. The creation of a shared virtual space provides an environment where businesses can experiment and create innovative new products and services. The growth of the “metaverse” also opens up new opportunities for entrepreneurs to develop businesses that can thrive in the digital era. Furthermore, the development of the “metaverse” has the potential to create new jobs and stimulate economic growth.

Investment Opportunities in the “Metaverse”

The policy measures proposed by the Shanghai Municipal People’s Government provide excellent opportunities for investment in the “metaverse” and digital industries. The opening up of more than 50 major metaverse application scenarios for external investment, the introduction of key technologies and projects, and the provision of support for industrialization projects provide an excellent environment for investors to capitalize on the growing demand for digital content.

Conclusion

The policy measures proposed by the Shanghai Municipal People’s Government to strengthen investment promotion and accelerate the construction of a modern industrial system in the new era provide a unique opportunity for investors to capitalize on the growing demand for digital content. The “metaverse” and digital industries represent the future of business, and the adoption of these policy measures is a significant step towards realizing this potential.

FAQs

1. What is the “metaverse”?
The “metaverse” is a shared virtual space created by the convergence of physical and virtual worlds.
2. Why is the “metaverse” important?
The “metaverse” is essential for the development of digital industries, which are becoming increasingly important in the modern business landscape.
3. What investment opportunities exist in the “metaverse”?
The policy measures proposed by the Shanghai Municipal People’s Government provide a unique opportunity for investment in the “metaverse” and digital industries.