Core Insights - The "Time-Space Light Field" virtual reality space in Hangzhou officially opened to the public during the National Day and Mid-Autumn Festival, utilizing cutting-edge VR technology to create an immersive cultural experience that integrates traditional culture with modern technology [1][3]. Industry Overview - According to IDC, the global VR large space solution market is expected to exceed $12 billion by 2025, with China's market share projected to rise from 18% in 2020 to 37% in 2024, and potentially surpassing 40% in 2025 [3]. - The rapid growth of the VR market is attributed to a combination of policy support, technological advancements, and increasing consumer demand [3]. Project Details - The inaugural project of the "Time-Space Light Field" is the virtual reality film "Chang'an 30,000 Miles: Dreaming Back to the Tang Dynasty," allowing participants to experience iconic scenes from the Tang Dynasty, such as meeting the poet Li Bai and witnessing General Gao Shi in battle [5]. - During the holiday period, a "Tang Poetry Competition" themed activity was launched, integrating the film's content with Tang poetry culture to engage audiences [5]. Company Initiatives - Zhejiang Times Cinema has also introduced other VR projects, including the "Vision Walk" immersive VR large space theater and mobile VR theaters, aiming to build a sustainable and high-quality development ecosystem in the industry [5]. - The application of innovative VR technology is seen as a new pathway for the film industry and a new driving force for the integration of culture and tourism [5].

Group 1 - The first domestic phenomenon-level animated film IP adaptation in virtual reality, "Chang'an 30,000 Miles: Dream Back to the Tang Dynasty," was showcased in Hangzhou, highlighting the cultural revival through technology [1] - The work was developed by Zhejiang Wuzhi Vision Technology Co., Ltd., utilizing self-developed large-space mixed reality immersion technology (LBMR) to create an interactive narrative space of the Tang Dynasty [1] - The immersive experience allows participants to explore a 400-square-meter area, interact with historical figures like Li Bai, and witness significant moments in Tang history, transforming from observers to participants [1] Group 2 - Wuzhi Technology's efforts reflect the systematic layout of Liangzhu New City in promoting the development of the digital cultural industry, integrating emerging industries like artificial intelligence with traditional sectors [2] - Liangzhu New City has gathered over 1,500 digital cultural enterprises, achieving notable results in technological innovation and content production, such as 4D Gaussian filming technology and AIGC technology that enhances animation production efficiency by five times [2] - The digital culture sector is a core component of Liangzhu New City's "2+1" industrial positioning, with plans to further leverage industrial clustering advantages and promote the integration of culture, technology, and industry [2]