China is showing signs of easing an intense regulatory crackdown on its video-game sector, CNBC reported, which said a batch of 70 new games was approved for release last week and noted that tech giants such as Tencent and Netease are likely to benefit if the easing continues.
The China Game Industry Group Committee said the level of gaming addiction has been reduced among people under 18, according to the report, which noted that China’s National Press and Publication Administration brought in a rule last year that restricted kids under 18 years of age from playing online games for more than three hours a week.
Read the full report: CNBC.
Read more:
India Blocks Korean Game Amid Concern on China Data-Sharing
China Videogame Sector Reports First-Ever Drop in Revenue
NetEase Wins First Video Game Licence in 14 Months – Caixin
China Slashes Online Gaming to Three Hours a Week for Young People