China Now Has Over 10,000 Virtual Reality Companies

By the end of 2024, China had more than 10,000 companies operating in the virtual reality (VR) sector, according to the 2025 World Conference on VR Industry (WCVRI), which concluded on Monday in Nanchang, the capital of east China's Jiangxi Province, according to Xinhua.

Xie Shaofeng, chief engineer of China's Ministry of Industry and Information Technology, stated that the country's VR sector has initially established a self-reliant industrial system, a diversified and integrated application ecosystem, and a relatively complete industrial ecology.

Positive results have been achieved in breakthrough core technologies, standards development and technological integration, Xie added.

In recent years, China has formulated over 30 national standards and led the creation of nearly 10 international standards in key fields such as virtual digital humans and VR terminal equipment, which have helped guide and ensure the industry's standardized development.

Hosted by Jiangxi provincial government, six sessions of the WCVRI have been held in Nanchang to date.