Core Insights - The "2025 Metaverse Development Forum" was held in Shanghai, focusing on the city's strategy to become an "International Digital Capital" and showcasing the achievements of its Metaverse action plan [1] - Shanghai's Metaverse core industry and related sectors are projected to exceed 300 billion yuan by the end of 2024, demonstrating strong growth since the city began its Metaverse initiatives in 2022 [1] - The forum featured discussions on the integration of AI and Metaverse in healthcare, as well as the development of lightweight AR smart glasses, highlighting innovative applications in various fields [2] - A total of 40 innovative Metaverse products and solutions were launched, covering six tracks and four major sectors, showcasing Shanghai's comprehensive strength in the Metaverse industry [3] - The forum also marked the signing of 13 projects between districts and leading Metaverse companies, indicating a collaborative ecosystem is rapidly forming [3] - The first national standard for "Classification and Value Evaluation of Metaverse Achievements" was introduced, providing guidelines for sustainable industry development [3]

Core Insights - The 2025 Metaverse Development Forum, themed "Yuanqi Shanghai: Digital Intelligence New Realm," was held in Shanghai to showcase the city's achievements in the metaverse action plan and promote diverse applications [1][3] - Shanghai's metaverse industry has shown strong growth since its initial focus in 2022, with the core and related industries expected to exceed 300 billion yuan by the end of 2024 [3] Industry Developments - The forum featured a "virtual-physical integration" format for showcasing results, highlighting Shanghai's advancements in metaverse industry scale, technological breakthroughs, and platform development over the past three years [3] - A total of 40 innovative metaverse products and solutions were officially released, covering six tracks including digital content, XR glasses, service platforms, 3D engines, digital humans, and naked-eye 3D, across four sectors: industry, culture and tourism, education and training, and healthcare [4] Ecosystem Building - Multiple districts in Shanghai signed agreements with leading metaverse companies on 13 projects, indicating a collaborative ecosystem is rapidly forming between the city and enterprises [6] - Shanghai has implemented a "challenge-based" approach to scene applications since 2022, driving the transition of metaverse technology from concept to practical application [6] Standardization Efforts - An initiative for the standardization of extended reality and immersive experience was launched, along with a draft for the "Classification and Value Evaluation of Metaverse Achievements" to support the sustainable development of the industry [6] Future Outlook - Keynote speeches at the forum discussed AI's role in enhancing display imaging systems, showcasing breakthroughs in various imaging technologies [7] - The forum included multiple sub-forums focusing on commercial loops in the metaverse, application scenarios, standardization, and global competition strategies, providing a platform for diverse exchanges from technology to market [8]