The 2020 World Conference on VR Industry took place last week from Oct 19–21 in Nanchang, Jiangxi Province, China. Similar to AWE Asia 2020, the conference was a hybrid — in person for those able to travel to the event, as well as many participants and speakers taking part virtually.
The invite-only conference attracted more than 150,000 attendees both on and offline. 100 corporate representatives from 18 countries and regions attended, conducting discussions on the theme of “New Opportunities, New Prospects.” During the opening ceremonies, Chinese Vice Premier Liu He expressed his optimism for the future of the XR industry. Other speakers included senior leadership from Alibaba, Qualcomm, Tencent, Intel, Baidu, Nreal, HTC, Microsoft, Shadow Creator, Insta360, and AWE.
The exhibition center covered an area of more than 30,000 square meters (32,300 square feet), and featured more than 160 exhibitors, including an increased number of solution manufacturers along with big names like Huawei, China Unicom, Qualcomm, and Microsoft. AR smart glass company Shadow Creator, winner of the AWE Asia 2020 Best Hardware Auggie Award, announced the launch of the Honghu AR smart glass, the first to use the Qualcomm Snapdragon XR2 platform, along with a new ODM partnership with PhotonLens, a UK-based AR gaming company.
The conference report identified a total of 167 key projects, with investment of about 120 billion yuan ($17.85 billion).
The 2-day event concluded with Zhao Qinping of the Chinese Academy of Engineering and honorary President of Virtual Reality Industry Alliance unveiling China’s Top 50 VR enterprises. They list is:
Nanchang commemorated last year’s event by investing in a 9 square-kilometer, ¥50Billion ($7.4B USD) “VR Town”. The town was designed to accelerate growth of the VR industry in China and facilitate attracting talent and creating an XR-focused business ecosystem. According to government estimates, the annual output of the 100 VR-related companies in Nanchang is expected to reach ¥100Billion.
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