After completion, it will drive the development of industries in the central part of Baoshan, lay the foundation for the first phase of the International Metaverse Creation Port, and seize the new track industry of the Metaverse | Digital | Creation Port
On July 25th, the foundation was laid for the first phase of the International Yuanshu Innovation Port project located in Yangxing Town, Baoshan District. After completion, it will create a gathering place for talents in the metaverse industry.
The first phase of the project launched this time extends from the planned Yi'an Road in the east, to the boundary of Yangxing Town in the west, to the planned Zhentai Road in the south, and to Youyi West Road in the north. The total investment is 3.5 billion yuan, covering an area of about 140 acres, with a total construction area of 166840 square meters. It consists of 12 digital synthesis centers, 1 research and development center, and 1 talent apartment. After completion, the expected revenue is 3 billion yuan, and the expected annual tax revenue is 308 million yuan.
The entire project has created the most of the three industrial projects in the town. One is the largest land area, and it is reported that the project will be constructed in five phases, with a total scale of 500 acres. The second is the highest investment amount, totaling 15 billion yuan. Thirdly, after reaching the production capacity, it is expected that the tax contribution will be the greatest.
![After completion, it will drive the development of industries in the central part of Baoshan, lay the foundation for the first phase of the International Metaverse Creation Port, and seize the new track industry of the Metaverse | Digital | Creation Port](https://a5qu.com/upload/images/e07f85b525fbe0b8600103c5fc132a16.jpg)
Metaverse technology, as a new technology leading future world changes, has vast development space and enormous potential. As an important component of the digital economy, metaverse technology has also become a hot field and a new track of global technological innovation.
The International Metaverse Innovation Port project spans the dual tracks of the "Metaverse" and "Digital Economy", with digital knowledge and information as key elements, digital visual application research and development as the development core, and modern information networks as important carriers, deeply integrating digital technology with the real economy. The leading industry has been deeply involved in gray information technology for many years, gathering the world's top AR/VR, video production, digital synthesis, investment and distribution industry resources throughout the entire industry chain. It is a leading enterprise in the digital infrastructure industry. ARRI, the settled enterprise in Germany, is the world's largest digital equipment supplier, integrating research and development, production, sales, and leasing, with a market share of over 70% in the global high-end film and television equipment market.
After the project is completed, it will focus on five major metaverse industry areas: digital technology research and development, digital equipment integration, digital content intelligent manufacturing, digital asset trading, and digital information storage and calculation. Focusing on the core technology, intelligent terminals, application empowerment, and cutting-edge technology of the metaverse industry, we will strive to create a leading digital content innovation base and a vibrant talent gathering place in the metaverse industry.
![After completion, it will drive the development of industries in the central part of Baoshan, lay the foundation for the first phase of the International Metaverse Creation Port, and seize the new track industry of the Metaverse | Digital | Creation Port](https://a5qu.com/upload/images/cc2d0a690c00bc96dedaf05496c66eb0.jpg)
Anchoring the strategic positioning of Baoshan as the "main battlefield, main urban area, and model area", Yangxing Town will focus on the industrial layout of "One Belt, One Station, One City", and use the international metaverse innovation port project as the starting point to build a new model of metaverse participation in industry city integration. It will accelerate the strengthening of the fixed chain, strengthen the characteristic industry cluster, accelerate the construction of Shanghai municipal characteristic industrial park, and strive to form a new demonstration and benchmark for the development of science and technology innovation industry.