Virtual reality is a human-machine interactive system which uses computer software, hardware and other equipments to simulate a real situation in the virtual world. Today, virtual reality technology is changing people's daily lives, the technology has been applied in the area of online game, education, medical service, national defense, etc. A new economic phenomenon has been formed around this technology. According to www.realtor.com, a American well-known real estate website, compared with real estate exhibition which has no virtual reality demonstration, virtual reality aided exhibition has a sales increase of 28.5%%.
In China, virtual reality technology has been accepted by National Natural Science Foundation of China and 863 Program as research project.
On May 16, at the international summit of China's 5th VR, Z-Park's virtual reality industry alliance, the first industry alliance in the area of virtual reality, founded officially.
This year's international summit was sponsored jointly by the People's Government of Haidian district, the Administrative Committee of Zhongguancun Haidian Park and China High-tech Industrialization Association.
Z-Park is well-known for its technology resources, many leading enterprises in China's virtual reality area, such as Crystal Digital Technology Co., LTD, VR-Platform, D Space Time, Red J Bird are settle down in Haidian Science park.
Wei Kaifeng, division chief of the Administrative Committee of Haidian Science Park, said Haidian Science Park has been taking efforts to develop creation industry which combine culture and technology and virtual reality has a great significance in the park's strategic development.