Virtual Reality becomes prevalent once more

China’s 13th five-year plan called for further innovation in virtual reality. In support of this proposal, the China Virtual Reality Industry Alliance was established on 30 March 2016. Its members include more than 100 government bodies, research institutes, service providers and enterprises. The alliance enjoys support from the national government as well as various municipal governments. For example, Nanchang Municipality has announced it plans to turn Nanchang into the world’s first virtual reality city, while Chengdu hosts a virtual reality industry park.

Virtual reality technology has long been merchandized and its commercial application can be traced back to 1990’s. However, due to space limitations and high costs, it is expected that the industry will be concentrated in theme parks, shopping malls and high-end internet cafes.

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