On Could 24, the Chinese language metropolis of Zhengzhou introduced a sequence of coverage proposals to assist metaverse corporations working within the area. Beneath these initiatives, the municipal authorities will set up a devoted fund value 10 billion yuan ($1.42 billion) to foster the expansion and growth of the business.
By the federal government disorganized, Metaverse corporations that select to relocate their headquarters to Zhengzhou can have the chance to obtain a seed capital funding of as much as 200 million yuan ($28.34 million). Companies can even be entitled to different advantages, together with lease subsidies.
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