China’s Online Game Industry On a Roll – China Daily

From the China Daily:

“Revenue from China’s online gaming industry reached 8 billion yuan (US$1.04 billion) in 2006 and could quadruple by 2010 as internet access becomes more widespread.

Online gaming revenue in China will grow 30 percent annually to reach 30 billion yuan (US$3.9 billion) by 2010, said Wu Shulin, the deputy director of the General Administration of Press and Publication, on Friday.

The rapid growth in online gaming has created opportunities for telecom, internet, computer, software and consumer electronics firms, which earned 33 billion yuan (US$4.3 billion) from online gaming in 2006, according to the official, who attended the 2007 China International Audio-Video and Electronic Publishing Expo in Shanghai on Friday. ” [Full Text]

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