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General: Chinese Online Game Market Grows 73.5%
GFulls
Member Posts: 478
Gamasutra has posted a report showing the growth in the Chinese Online game market. The revenues for 2006 rose up to 73.5% over the numbers in 2005.
According to a new report, the online games industry in China has recorded massive growth in 2006, with revenues up 73.5 percent over 2005 to a total of 6.54 billion Yuan ($839 million), 65 percent of which came from domestically developed games.
As reported by Sina, and translated by Gamasutra partner Pacific Epoch, China's General Administration of Press and Publications (GAPP) digital publication vice director Kou Xiaowei announced the news of the industry growth.
Apart from the 4.24 billion Yuan ($544 mil) brought in by domestically developed games, $20 million in revenues was recorded for Chinese games exported overseas in 2006. Casual games were also reportedly responsible for 18.8 percent of the yearly growth, with a total revenue of 1.23 billion Yuan ($158 mil).
The Sina report notes that China currently houses 90 online game development companies, 25 in Beijing and 20 in Shangai alone. Development staff for the companies hit nearly 14,000 employees in 2006, a rise of 11 percent over the prior year. Despite the tremendous rise in revenue and staff, only 8 new online game companies were formed in 2006, compared to 24 in 2005.
Market research firm IDC has estimated that revenue from the Chinese online game market, which hosts an estimated 31 million players, will grow 30 percent annually to 25 billion Yuan ($3.2 billion) by 2011, according to a related report from daily news site China Daily.
Read more here.
Comments
but not surprising.
China seems to be growing in just about everything.
Anyone want to list any "good" games that china has created?
Because none are coming to mind...
As a Chinese, it is sad to see the above comments.
some are true, some are not. but I don't care.
there are an olding saying in China.... well, the meaning is none is always the best, it has to go down eventually.
everything in China is developing, the car industry, game industry, people's living condition ...........
as it is developing, it will become the best some day. and i believe that day is coming soon.
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there's something i wana let you know , farming/selling ingame money is allowed in China, many people do this for a living.
I don't really care about this situition, but the farmers really shouldn't have bothered gamers outside of China.
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the record of maximum players online at the same time is over 1million in China, and that game is made in China. it is called "meng huan xi you "
world of warcraft? ah, too bad, only 0.6 million.
wana play? too bad, we don't have english version.
It is extremely hard to take care of every part and every person in China.
imaging how hard to lead 1/5 of the world population, I am satisfied with the current chinese government.
(though we do have the option to change it)
"True friends stab you in the front." | Oscar Wilde
"I need to finish" - Christian Wolff: The Accountant
Just trying to live long enough to play a new, released MMORPG, playing New Worlds atm
Fools find no pleasure in understanding but delight in airing their own opinions. Pvbs 18:2, NIV
Don't just play games, inhabit virtual worlds™
"This is the most intelligent, well qualified and articulate response to a post I have ever seen on these forums. It's a shame most people here won't have the attention span to read past the second line." - Anon
(though we do have the option to change it)
If you say you are "satisfied" and never do anything then you are giving them too much power.
China's government controls everything, they have power.
As you said, it is extremely hard to take care of every part of your country.
I'd rather have the people take care of themselves, with the government as an overseer.
This is the biggest difference between China and countries with a democracy.
So... China in the last few decades have really been improving their economy. Lets hope that eventually those poor cities will be helped with the extra cash coming in.
Who knows... maybe China will have a Utopia after all