Society
VTubers: China’s youth find comfort in virtual idols
In today’s China, young people live under immense academic and economic pressures, navigating precarious jobs and chronic self-doubt, while family communication often struggles to keep pace with these realities. Lianhe Zaobao visual journalist Fio Zhang explores how digital avatars reshape emotional connections, generational dialogue and companionship.
Fio Zhang
Culture
[Video] China’s museums are taking visitors back in time
Would you like to step into the past and experience life as it was in the Tang dynasty? China’s museums are using innovative methods, from immersive role-playing games to digital reconstructions, to transport visitors back in time. Here, history is not just a page in a textbook but a multi-sensory experience. ThinkChina’s Yi Jina finds out more.
Yi Jina
Technology
Tencent, ByteDance gut metaverse units in virtual reality check
Major staff cuts at the metaverse units of ByteDance and Tencent have highlighted the sometimes disorganised ways that big tech firms have handled investments in new businesses. Now, grand development plans have been shelved, not so much because of a looming regulatory risk, but because of the difficulties of navigating a vaguely defined sector with patchy overall demand.
Caixin Global
Technology
Metaverse: What is it and who's in control?
The phrase "metaverse" has been bandied about but what exactly is it and how far along is the project? Academic James Pang and entrepreneur Liang Xinjun explain that the implications of this development are larger than most think. The metaverse is not so much a sub-world to enter into on the side but the integration of the real and virtual worlds and economic systems, essentially creating a new world with new governance structures and norms. US and Chinese firms are, of course, racing to get a big slice of the future.
James Pang
Technology
Metaverse: Why Microsoft is acquiring Activision
Technology expert Yin Ruizhi notes that Microsoft's recent announcement to acquire gaming company Activision Blizzard is not just about breaking into the gaming market, but an important step towards building its capabilities to develop the metaverse. Can it succeed and will other Western tech giants follow?
Yin Ruizhi
Technology
The uncertain future of NFTs in China
The non-fungible token (NFT) is a growing phenomenon in China, despite a cautious regulatory environment and official hostility to cryptocurrencies, which also use blockchain technology. But experts warn that as with every technology, particularly new ones, there is also a risk of misuse, such as in instances of fraud or compromised accounts.
Caixin Global
Technology
If Chinese video producers and gamers can become metaverse creators
In this second article in a series on the metaverse, technology expert Yin Ruizhi says that video creation platforms like Douyin and Kuaishou, as well as sandbox games such as Mini World, might give an idea of how users can help create the virtual world in the metaverse if the financial and creative bar is lowered such that participating is as easy as 1, 2, 3.
Yin Ruizhi
Technology
Metaverse: A chance to build a better world
Academic Pei Sai Fan says that one should dream big with the metaverse and not only see it as a new avenue of making money. By creating a new virtual universe from scratch, we can make good use of the blockchain-based metaverse to promote an equitable, more transparent and more inclusive rules-based international digital currency and financial system and enhance the global governance system to deal with issues facing all countries. This would require a global approach and China is well placed technologically to actively participate and lead the effort with like-minded nations in creating such a metaverse. It would be a pity if countries squandered such an opportunity to truly build a better world for all mankind.
Pei Sai Fan
Technology
Will overregulation kill Chinese firms' metaverse ambitions?
The metaverse is the latest tech industry buzzword that has generated great interest among Chinese tech companies and China's capital market. Not everyone is equally enthusiastic, however, as Chinese authorities appear to be taking a cautious approach, attempting to strike a balance between regulatory control and the risk of stifling innovation. Caixin explores what's in store for the metaverse.
Caixin Global
Technology
A metaverse with Chinese characteristics?
Facebook's Mark Zuckerberg recently said, "Think of the metaverse as an immersive virtual world where people can spend time together and hang out, much like you can do today with virtual reality, dialed up to 11." Stocks of companies working on constructing the said metaverse have been on the rise. China, with its huge video game market, should have a head start in this realm, but authorities are sounding words of caution. They fear the metaverse will be as ephemeral as it seems and worse, even harder to regulate. How will it get a piece of the pie in its own way?
Chen Jing
Cartoon
[Comic] A Chinese youth's search for meaning in life
What would an idealistic young Chinese person say to those who prefer to live their life in the virtual world, or who are willing to give up their voices in exchange for little comforts? Or who choose to turn a blind eye to the plight of others, as long as one is well looked after? Is it possible to convince others to be idealistic? Or does one have to look for inspiration and support from the ancients? Young comic artist Bai Yi from China shares her thoughts.
Bai Yi