February 7, 2025
China unveils first central plan on virtual reality development

China’s Ministry of Industry and Information Technology (MIIT) led four other departments in issuing the government’s first action plan for the development of virtual reality on Tuesday. The plan sets a goal for China’s VR industry to exceed RMB 350 billion ($48.2 billion) and to ship over 25 million VR devices by 2026…
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