Core Viewpoint - The metaverse industry parks are currently underperforming, with many enterprises facing challenges in technology and investment, indicating a long road ahead for sustainable development in the metaverse sector [1][4][5]. Group 1: Industry Overview - The metaverse, seen as the next generation of the internet, combines technologies like VR, AR, and AI for real-time interaction with the physical world [1]. - Since the concept gained popularity in 2021, there has been a surge in the establishment of metaverse industry parks across various regions, with 137 parks reported to be under construction or completed nationwide [2]. - Major cities like Beijing, Shanghai, and Shenzhen have a significant number of these parks, reflecting local governments' eagerness to capitalize on the digital economy [2]. Group 2: Current Challenges - Many existing metaverse parks are struggling with weak investment attraction and low operational effectiveness, leading to a lack of strong returns for resident companies [4][6]. - Some parks have not transitioned from conceptual stages to practical applications, with a focus on technology demonstration rather than integration with local cultural and commercial resources [4][5]. - The overall state of the metaverse industry is characterized by immature technology, unclear business models, and insufficient short-term profitability, causing companies to be cautious about investing in these parks [7]. Group 3: Factors Contributing to Underperformance - The underperformance of metaverse parks is attributed to multiple factors, including premature hype, blind capital influx, improper operational strategies, and uneven policy resource allocation [5][6]. - There is a tendency for capital to concentrate in easily understandable areas, leading to inefficiencies and wasted investments when the initial excitement fades [5][6]. - Many parks are populated by low-tech enterprises that do not effectively leverage core technologies, resulting in a lack of sustainable business models [6][7]. Group 4: Recommendations for Improvement - To address the challenges, it is essential to adopt a phased development approach, moving from early breakthroughs to deeper integration with the economy [8]. - Local governments and enterprises should reassess the development models of metaverse parks, focusing on integrating new technologies and fostering collaboration among various stakeholders [8][9]. - Parks should prioritize real-world problem-solving and value creation rather than chasing conceptual trends, with an emphasis on developing a skilled workforce and innovative ecosystems [8][9].

Core Viewpoint - The metaverse, once seen as the next generation of the internet, is currently facing challenges in development, with many industrial parks underperforming and struggling to create sustainable growth [1][2]. Group 1: Current State of Metaverse Industrial Parks - As of 2023, there are 137 metaverse industrial parks under construction or completed across China, with a concentration in economically developed regions like Beijing, Shanghai, and Shenzhen [2]. - Many parks have transitioned from conceptual exploration to operational phases, but several remain stagnant, failing to meet initial expectations [2][3]. - Existing parks often exhibit weak investment attraction and low satisfaction among resident companies, leading to a lack of effective economic benefits [4]. Group 2: Challenges Faced by the Metaverse Industry - The metaverse industry is hindered by multiple factors, including speculative capital influx, poor operational strategies, and uneven policy resource allocation [5][6]. - Many parks focus excessively on technical demonstrations without integrating local cultural or commercial resources, resulting in ineffective industry ecosystems [4][6]. - The industry is characterized by a lack of collaboration among companies, significant disparities in scale and technology, and a general decline in business performance [7]. Group 3: Recommendations for Future Development - The development of metaverse industrial parks should follow a phased approach, emphasizing long-term integration with the economy rather than short-term gains [8]. - Local governments and enterprises need to reassess development models, focusing on real-world applications that create tangible value rather than pursuing speculative concepts [8][9]. - Establishing innovation alliances and training programs is essential to address key technological bottlenecks and foster a skilled workforce to support the metaverse ecosystem [8][9].