Preface 1. Vision and Values 1 . Vision and 4 meanings of the Metaverse 2. Six Characteristics of the Metaverse 3. The value of the Metaverse 4. Current bottlenecks in Metaverse development 2. Technology 1 . Technology clusters corresponding to Metaverse features 2. Key technologies'development stages and bottlenecks 3. Examples of Metaverse-related technology applications 30 3. lndustry 33 4 10 10 16 20 21 24 24 26 2. Metaverse industry framework 33 3. Types of participators, cooperation and competition34 35 4. Major platform players 5. The NFT industry chain 37 4. Metaverse tactics for enterprises 43 2. Metaverse development 43 3. Potential risks 44 4. China's attitude to the Metaverse44 5. Metaverse tactics 46