The policies include a series of cash benefits to attract metaverse-related companies to set up shop in the city. The capital of China's Henan Province, Zhengzhou, on May 24, announced a series of policy proposals designed to provide support for metaverse companies operating in the region. As part of these initiatives, the municipal government intends to establish a dedicated fund worth $1.42 billion (10 billion yuan) to foster growth and development within the industry.
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