Friday, January 21, 2005

China's online gaming sector makes progress

From Chinaview.cn: Online gaming sector makes progress

"... domestic games accounted for more than half of the nation's online gaming market in the past year, a significant shift from the heavy reliance on imported games in the preceding three years."

"According to a report from the China Game Producers' Association, sales of online games reached 2.47 billion yuan (US$298 million) in 2004, a year-on-year rise of 48 per cent. The number of online gamers also grew to 26.33 million. "

" With encouragement from the government and the fast growth of the industry, 73 gaming companies have developed or are developing 109 game titles and 21 games are already in operation. Their combined market share has already grown by 50 per cent. " Read more

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