Beijing Chaoyang District will invest no less than 100 million yuan each year to support the construction of the Internet 3.0 industry

ChainCatcher news, according to Caixin, at the Zhongguancun Forum - Internet 3.0: Future Development Forum of the Internet Industry held today, Yang Hongfu, director of the Chaoyang Park Management Committee, stated that starting this year, Chaoyang District will invest no less than 100 million yuan annually in special funds to support the construction of the Internet 3.0 industrial ecosystem.

According to the "Chaoyang District Internet 3.0 Innovation Development Three-Year Action Plan (2023-2025)," the goal is to build Chaoyang District into a nationally leading Internet 3.0 industrial hub by 2025. (source link)