Chinese tech giants, including Huawei and Alibaba, are working along with Meta, formerly known as Facebook and Microsoft, to accelerate the development of the metaverse and its forum. Yu Jianing, executive director of the metaverse industry committee at the China Mobile Communications Association, revealed that brands are eager to join the metaverse and deliver amazing virtual offerings to their consumers. To build an efficient virtual ecosystem, these companies will work together to make it easier to export and share data.