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The Shanghai city government has proposed a series of policies to help it transform into a Metaverse power. The action plan defines each of the technologies the community must focus on in order to achieve the goals of building a $52 billion metaverse economy while supporting the creation of 10 innovative companies in the region. Shanghai draws up Metaverse development plan The Metaverse is emerging as a technology that is attracting interest from large countries and cities around the world. Shanghai, the most populous city in China, has one document where it lays out a plan to become a major…
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