近期，Wangfujing Shi's Bureau of Industry and Information Technology issued a statement stating that in order to support innovation and expansion in the metaverse-related industry, they plan to establish a metaverse industry fund cluster with an aggregate capital of no less than $1 billion around the metaverse industrial chain. The first phase of the fund is expected to be $2 billion, mainly investing in enterprises and projects that help strengthen, supplement, and extend the industrial chain. At the same time, it encourages state-owned enterprises to participate in setting up dedicated metaverse industry investment funds, exploring direct investment models combining equity and debt. This fund will provide five years of financial support, and after five years, it will exit through market-based principles, with interest rates based on bank lending rates during this period. In addition, municipal leading funds will have the opportunity to receive excess returns above market yields transferred from state-owned enterprises, thereby promoting the prosperity and development of the industrial ecosystem.