Beijing, the capital of China, is preparing a major plan to meet the demand for trained engineers in the important areas of blockchain, artificial intelligence (AI), and big data. The Beijing Municipality aims to educate 10,000 engineers annually in these technologies, showcasing its deep talent pool in the blockchain field despite having a ban on cryptocurrencies, even as the country ranks as the second most powerful nation in the world. This initiative seeks to enhance Beijing's interest and capabilities in new digital realms supported by technologies like Web3 and the metaverse.
Beijing Municipality's Plans:
According to local reports, the Beijing government aims to train 10,000 local engineers in rapidly growing technology fields such as blockchain, artificial intelligence, and big data each year. This plan was outlined in a government document presented by the Beijing Municipal Human Resources and Social Security Bureau, emerging as an initiative by this bureau that plays an executive role in workforce development in Beijing.
According to the details of the plan, alongside educational activities, the Beijing government also plans to update talent assessment systems to empower technical experts to acquire expertise in emerging technology domains. This will enable specialists to enhance their skills and progress in their careers.
A Focus on Web3 and the Metaverse:
Beijing's initiative to enhance blockchain and artificial intelligence capabilities signifies a broad effort centered around new digital realms like Web3 and the metaverse. Other major Chinese cities, along with Beijing, are also planning to generate significant revenues from cultural and tourism metaverse projects. With the support of such projects, China aims to play a more active role in the Web3 domain.
Beijing Metaverse Innovation Center:
In a recent announcement, Beijing unveiled the construction of the Beijing Metaverse Innovation Center, a government-backed initiative to foster research, development, and adoption of metaverse technologies. This center will focus on metaverse technologies and contribute to the cultivation of engineers working in this field.
China's Strong Blockchain and Web3 Capabilities:
Despite China's comprehensive ban on cryptocurrencies, the country still possesses rich talent in the fields of blockchain and Web3. While many companies have relocated overseas following stringent measures imposed by the government on cryptocurrencies, China has played a significant role in the early-stage development of the industry and has nurtured a generation of crypto-savvy talents.
China's Crypto Workforce:
According to a report by K33, China constitutes 15% of Asia's crypto workforce, trailing behind only Singapore, Hong Kong, and India. Meanwhile, the United States, despite accounting for only 29% of the global crypto workforce, is considered a leading jurisdiction in the crypto space.
In Summary:
The Beijing Municipality's plan to train 10,000 blockchain and artificial intelligence engineers stands out as a significant initiative to further enhance China's digital technology capabilities. Beijing's interest in Web3 and the metaverse reflects the country's efforts to become a prominent player in the global digital technology scene. These endeavors support China's goal of maintaining leadership in these technologies by showcasing its rich talent pool in blockchain, artificial intelligence, and Web3. #beijing #metaverse #blockchains #web3.0 #artificialintelligence