Recently, Seoul, South Korea released the yuancosmos city plan. A piece of digital land in the United States was sold for $2.43 million, creating a "real estate speculation fever". Softbank of Japan invested in zepeto, the Korean yuancosmos virtual social platform. Domestic Netease cloud music completed the first "yuancosmos Gong knocking ceremony". Yuancosmos has applied for more than 4000 commercial standards... All walks of life in politics, industry and capital around the world heard of "yuancosmos" The tide moved. In terms of top-level design, South Korea is the sharpest, showing a strong leading momentum in building alliances, investment and urban planning. The Ministry of science, technology, information and communication of the Republic of Korea initiated the establishment of the "meta universe alliance", the Ministry of Finance spent US $20 million on platform development, the Busan Municipal Department of education comprehensively promoted the application of meta universe education, and the Seoul municipal government issued the "meta universe Seoul five year plan". The Ministry of economy and industry of Japan issued the investigation report on the future possibilities and topics of the virtual space industry to promote the development of the virtual space industry. The United States has a profound foundation in the field of basic technology. On the basis of building the concept of meta universe at the forefront, it has obvious advantages in the fields of computing engine, artificial intelligence, cloud computing, digital twins and so on. NVIDIA takes the lead with the technology platform of GPU underlying computing power and Omniverse avatar interactive AI avatar, and has a deep foundation with the real-time simulation and cooperation platform Omniverse digital twin. Epic Games is at the forefront of technologies such as unreal engine. Meta quest and Microsoft hololens have the world's leading VR / AR devices. China has advantages in full link exploration and scene collaboration, and is expected to take the lead in building application ecology. Recently, Netease cloud music went public in Hong Kong and completed the first "Yuan universe Gong beating ceremony" in Yaotai, Fuxi immersive activity system, which attracted attention. In the era of mobile Internet, Chinese Internet enterprises have created the world's leading social platform, game platform, audio and video platform with large traffic and mature operation, and have the advantages of community foundation, active PGC and UGC ecology and online and offline business model. Tencent, Alibaba, Baidu, Netease and other enterprises have invested in virtual performance, AR development platform, AI, cloud computing, virtual engine, social game platform and other aspects to promote the full link exploration of meta universe from front-end R & D to terminal business scenario application. Japanese animation culture and Korean idol IP are rich, and the mature pan entertainment industry has fed the grand content construction of the meta universe, which has taken a big step in the virtual social networking and idol economy of the meta universe. In the capital market, various countries have performed enthusiastically. Six ETFs named after metauniverse have been issued overseas, of which four are from South Korea. Robles, an American game company, is listed as "the first stock in the universe", with a total market value of US $44.3 billion. A fund listed in the United States has rapidly expanded to US $290 million and has become the largest meta universe ETF in the world. At present, there are 71 listed companies of Yuan universe concept in China, with an increase of 30.92% in the past month. The Morgan Stanley report predicts that by 2024, the size of the meta universe market will reach US $8 trillion. Yuancosmos is a competitive field of strategic significance, which is related to political security, international division of labor, digital industry replacement and social change. Now is the best time to take the initiative. At present, metauniverse is in the leading stage of social and game applications, the technical foundation and content ecology are not yet mature, there is no large-scale actual product landing, and the scene entrance needs to be widened; It is still far away from the ideal state of the final whole industry and whole society coverage, virtual and real interoperability, economic self consistency and ecological openness. Fortunately, all countries are making beneficial explorations through small cuts. The concept speculation and irrational heat of the capital market have cooled down, and there has been a trend of open cooperation among countries and enterprises. As far as governments are concerned, they need to make regulatory preparations for technical standards, laws and regulations, ethics and so on in advance, support the development of metauniverse core technology and basic technology, promote the development of metauniverse related industries and application scenarios, and encourage enterprises to prudently develop metauniverse on the basis of full respect for privacy, full protection of safety and full protection of civilization. As far as the industry is concerned, it is time to get rid of impetuosity and take the mission of truly promoting the creation, evaluation and distribution of meta cosmic value and effectively providing value services and products. Chinese enterprises should make full use of the advantages of full link exploration, find their own position in the international market and strive for the initiative. When the essence of development falls on the substantial improvement of productivity, the meta universe is the meta universe we really need and pursue.