Core Insights - The first official certification of a virtual reality film in China, "Tang Palace Night Banquet," marks a significant milestone in the film industry, indicating a shift from experimental to mainstream acceptance of virtual reality technology [1][2] - The release of the notification by the National Film Administration establishes a regulatory framework for virtual reality films, promoting their development and integration into the traditional film management system [1][5][6] Industry Transformation - The transition from traditional "viewing" to immersive "experiencing" is facilitated by virtual reality technology, allowing audiences to engage more actively with the narrative [2][4] - The successful integration of LBE (Location-Based Entertainment) technology and 3D reconstruction in films like "Tang Palace Night Banquet" and "Hidden Qinling" enhances audience interaction and historical immersion [2][3] Market Growth and Opportunities - The establishment of virtual reality films as a recognized category allows for broader distribution across cinemas, breaking previous geographical limitations [6][7] - The commercial potential of virtual reality films is expected to grow, with industry participants responding positively to the regulatory framework that lowers production barriers and encourages high-quality content creation [6][7] Technological and Narrative Synergy - The interplay between technology and storytelling is crucial for the evolution of virtual reality films, with advancements in technology enabling new narrative structures and immersive experiences [8][9] - The cultural foundation provided by traditional narratives enhances the appeal and depth of virtual reality films, as seen in projects like "Tang Palace Night Banquet" [8][9] Future Prospects - The potential for virtual reality films in cultural tourism and historical storytelling is significant, with projects like "Hidden Qinling" demonstrating the effectiveness of combining traditional culture with modern technology [9] - The industry anticipates an increase in diverse themes, including history and cultural heritage, as virtual reality becomes a medium for innovative cultural expression and audience engagement [9]