The China Culture and Entertainment Industry Association Yuanshi Application Industry Exchange Conference was recently held in Beijing via video conference. Liu Jinhua, president of the China Entertainment Association, said that as an emerging industry, Yuanverse applications have become an important direction for the development of the digital economy industry. The China Entertainment Association is studying the establishment of a Metaverse Application Branch to effectively carry out various tasks with the support and guidance of the government. The association will also further accelerate the establishment of a sound industry self-discipline working mechanism, promote industry standardization, and promote the high-quality development of the Yuanverse application industry.