China adds more companies to an industry body designed to develop the country’s MV

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China adds more companies to an industry body designed to develop the country’s metaverse

• A Chinese industry body designed to develop the country’s metaverse applications has added a new batch of companies as it pushes ahead with the latest technology craze.
  
• Often, China sets up such committees around technologies it wants to develop quickly and take a lead in, such as blockchain.
  
• The setting up of the metaverse committee could also suggest China is looking to regulate the technology as it develops.
  

A Chinese industry body designed to develop the country’s metaverse applications has added a new batch of companies as it pushes ahead with the latest technology craze.

The metaverse does not have a solid definition yet, but often refers to technologies like virtual reality and the idea that people may be playing and living in virtual worlds.

On Wednesday, the state-backed China Mobile Communications Association’s metaverse committee added another 17 companies. A total of 112 companies or individuals are in the industry body.

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