Jack Ma, founder of Alibaba Group, said at the opening ceremony that VR should not be just a novel application, but should integrate with other technologies and the real economy.
"Only when it fuses with the Internet, big data and cloud computing, will VR develop from a toy to a key technology that can solve real problems. We look forward to especially how it will change education and medicine," he said.
China's VR market expanded 164 percent year-on-year to reach 16 billion yuan in 2017. The market is likely to exceed 90 billion yuan by 2020, according to the Ministry of Industry and Information Technology, which has promised support for the research and development of core VR technologies.
In the rush to embrace VR, the province of Jiangxi in 2016 launched China's first industrial base for VR, and the city of Nanchang now boasts over 60 VR firms, according to Liu Qi, Party chief of Jiangxi.
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and here: http://www.ecns.cn/news/sci-tech/2018-10-20/detail-ifyyzeyv7660506.shtml