Meta-universe is one of the most concerned issues in the current society and industry. it is not a single technology or industry, but a concept of emerging industrial clusters in the context of digital transformation.

Specifically, meta-universe is the core application that can integrate artificial intelligence, semiconductors, block chain, 5G communication, software engine, Internet and other core technologies.

In the opinion of Huatai Huang Leping's teamThe meta-cosmic road with Chinese characteristics mainly refers to the construction of relevant industrial clusters led by local governments.Huang Leping said:

In the past year's development, governments in various parts of China have gone from prudent supervision to active regulation to the establishment of industrial clusters to encourage development, which is expected to replicate China's successful experience in panel, semiconductor, electric vehicle, photovoltaic and other industries.

Generally speaking, local governments will build industrial clusters in the form of guiding funds, industrial parks and demonstration projects, which is also an effective way to support the development of emerging industries with Chinese characteristics, such as Beijing Yizhuang intelligent driving industry, Shanghai artificial intelligence industry, Shanghai semiconductor industry and Hefei electric vehicle industry.

From the perspective of time line, the government has gradually made clear the attitude of supporting development from the careful supervision of the meta-universe industry in the first half of 2021 to the active formulation of rules in the second half of 2021, and then to 2022, local governments such as Beijing and Shanghai have issued policies to support development.

Huang Leping pointed out that compared with Europe and the United States, the Chinese government can mobilize more resources and have stronger executive power. After taking the initiative to join the bureau, it is expected to form effective guidance norms for enterprises, and meta-cosmic-related hardware and software ecological industries are expected to continue to develop.

As for the advantages and disadvantages of meta-universe in the development of China, in Huang Leping's view:

We believe that although Chinese enterprises have obvious advantages in electronic manufacturing and communications infrastructure, there is still a significant gap between Chinese enterprises and global leaders in the fields of software engines and high-performance computing chips.

As for the landing application of meta-universe, Huang Leping believes that:

On the hardware side, we are optimistic about China's electronics manufacturing and communications infrastructure, and in terms of application scenarios, we are optimistic about AR/VR content, digital virtual human, digital collection, car entertainment and so on.