NPPA says it approves 105 home
The National Press and Publication Administration (NPPA) on Monday announced the approval of 105 domestically produced online games in December, covering a large number of game makers, showcasing the regulator's strong support for the development of the gaming sector, an industrial association said.
The announcement, following the approval on Friday of a batch of overseas-made games for import, is a clear indication that the regulator is actively supporting the development of the country's games industry, said a Wechat article authored by the Game Publishing Committee of Chinese Audio-Visual and Digital Publishing Association.
The article noted that the stability for the gaming sector has been shored up, and the gaming market has rebounded significantly.
To date in 2023, the NPPA has approved 977 domestically made games, a year-on-year jump of 108.76 percent, from 468 games in 2022, and 672 games in 2021, public data showed.
Since the beginning of 2023, the rising approval rate of online game products has helped boost the confidence for the gaming enterprises, as more market players are ramping up efforts to explore new opportunities while starting to explore overseas market, read the article.
In recent years, China's gaming industry has been robust and attained considerable achievements. The actual sales revenue of the country's game sector this year is expected to reach 300 billion yuan ($42.1 billion) milestone for the first time, and the number of users would hit a new high of 668 million, according to a recently released industry report.
The NPPA on Saturday said in a statement that a set of new draft regulation released on Friday to guide online gaming sector aims to promote the industry's healthy development, after the draft rules caused heated discussion in the country.
And, a good number of Chinese gaming stocks listed at the domestic A-share market continued to slide during Monday's morning trading session.
Related articles
Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
Justin Timberlake is set to bring his The Forget Tomorrow World Tour to Australia next year.Daily Ma2024-05-21Muslim teaching assistant claims being awarded the Christmas Grinch prize at 'light
A Muslim teaching assistant who claimed that being given the Christmas Grinch prize at a staff award2024-05-21DAILY MAIL COMMENT: Can PM climb this electoral mountain?
The wisdom in Westminster is that the Tories have a mountain to climb if they want to win the genera2024-05-21Takeaways from AP's story on the BP oil spill medical settlement's shortcomings
When the BP Deepwater Horizon drilling rig exploded in 2010 and spewed many millions of gallons of o2024-05-21NBA playoffs: Edwards leads Wolves to 98
DENVER (AP) — Anthony Edwards overcame a slow start and the Timberwolves roared back from a 20-point2024-05-21The Milan derby. The Serie A title. A 2nd star. Inter can win it all in a single night
ROME (AP) — A derby win. A Serie A title. A second star.Inter Milan has an unprecedented chance to s2024-05-21
atest comment