The Chinese government will begin to develop the industry of helmets VR

The Ministry of Industry and Information Technology of China has unveiled a development plan for the VR industry

reality. The state plans to seriously develop this industry and will invest huge amounts of money in it, even by Chinese standards.

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The program was proposed by the Ministry of Industryand four other relevant departments. It is noted that by the end of 2026, the total volume of the Chinese virtual reality industry, including related equipment, software and applications, will exceed 350 billion yuan, about $48.56 billion.

The plan also indicates that great efforts will beaimed at the creation and development of 100 key enterprises with strong innovative potential and influence in the industry. And the volume of sales of virtual reality terminals should exceed 25 million units.