China onboards Tencent, Huawei, Ant Group for metaverse working group
China’s Ministry of Industry and Information Technology (MIIT) has announced the formation of a working group aimed at setting standards for the metaverse . In a public notice on Jan. 19, MIIT stated that the metaverse working group was created to meet the requirements of industrial development and industry management as China bets big on the tech sector. According to the document, the ministry’s working group comprises not only government representatives, but also individuals from major Chinese tech corporations, including Huawei, Ant Group, ZET, Tencent, and others. The group is open to public feedback on its members’ selection until Feb. 18, although the document doesn’t specify the specific areas of focus for the group. China has been mulling the establishment of its standards for the metaverse for a while now. In September 2023, crypto.news reported that MIIT was urging the formation of a working group dedicated to the metaverse, citing the techno...