China’s online game industry started a “gold rush”

“The software industry has become one of the most important entertainment industries worldwide. At present, the global online industry has showed huge value and become a new point of economic growth.

China has become the fastest-growing market with the largest potential in the global online game industry. In the first half of 2004, the market size for China’s online game market reached RMB1.55 billion, up 87.2 percent from the same period last year. An authoritative body predicts that in 2004 China’s online game industry will double its output value to hit RMB3 billion, which is a historical high, and more than 140 online games will operate at the same time. By 2006, the size of China’s online game market will come to RMB9.3 billion. ”

Read the full article on China Economic Net here.

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