China may issue new strategy to boost development of online games – report

From AFX, via

China’s government may issue a new strategy next month to encourage development in the online gaming industry, the China Daily reported, citing an official at the Ministry of Culture.

Zhang Xinjian, deputy director general of the department of the culture market under the ministry, was cited as saying that his department, in tandem with the Ministry of Information Industry (MII), is developing policies to further regulate the online gaming industry…

The policy will support game developers and operators who design products celebrating traditional Chinese culture and patriotism, the report said.

Zhang also said that a group led by the Ministry of Finance is working on financial incentives for online gaming companies developing these types of games, including research and development funding and tax breaks.

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