THE WHAT? Shanghai has unveiled plans to accelerate economic recovery in the wake of COVID-19 through investment in metaverse development and low-carbon projects, according to a report published by Yahoo! Finance.
THE DETAILS The city’s administration is aiming to set up an industry fund comprising CNY10 billion in assets to help grow companies in metaverse development, and launch in the region of 100 ‘benchmarking products and services; by 2025, per Yahoo! Finance.
THE WHY? Wu Jincheng, Head of Shanghai’s Economy and Information Technology Committee, said at a press conference, per Yahoo! Finance, “The metaverse and smart terminals are expected to constantly spur new business schemes and models, [giving] rise to ‘killer’ applications and popular products, releasing huge market value.”
Aesthetic products generally refer to a broad category of items designed to enhance or improve one's appearance, often focusing on skincare, beauty, and personal grooming. These products are typically used to maintain or enhance physical attractiveness and may include a wide range of items intended for both professional and personal use. Here are some common types of aesthetic products:
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Skincare Products: Including cleansers, moisturizers, serums, and treatments designed to address various skin concerns such as acne, aging, hyperpigmentation, and sensitivity.
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Cosmetics: Makeup products such as foundations, concealers, eyeliners, lipsticks, and eyeshadows used to enhance facial features and achieve desired looks.
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Hair Care Products: Shampoos, conditioners, styling products, and treatments to maintain and improve the health and appearance of hair.
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Fragrances: Perfumes and colognes used to enhance personal scent and attractiveness.
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Dental Care Products: Toothpaste, mouthwash, whitening treatments, and dental floss aimed at maintaining oral hygiene and enhancing smile aesthetics.
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Personal Grooming Tools: Including razors, electric shavers, trimmers, and grooming kits used for hair removal and personal hygiene.
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Beauty Devices: Devices such as facial cleansing brushes, LED light therapy masks, and microcurrent devices designed for at-home skincare treatments.
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Nutritional Supplements: Supplements aimed at promoting skin health, hair growth, and overall well-being, often containing vitamins, minerals, and antioxidants.
