Chinese online games earn $8.2b overseas in 2017: Report
HAIKOU — Chinese online games raked in at least $8.2 billion in the foreign market in 2017, up 14.5 percent year-on-year, said an industry report released Tuesday.
The 2017 China Gaming Industry Report, published by the State Administration of Press, Publication, Radio, Film and Television, said China has emerged as a major exporter of online games. Chinese games are among some of the most popular foreign games in Japan, the Republic of Korea, and Southeast Asia.
But Chinese games have also broken new ground in markets outside Asia over the past year, securing a place in Europe, America, Russia and the Middle East, the report said. "Honor of Kings" and "Perfect World" are among the most popular Chinese online games.
The report said both big and small Chinese gaming companies are expanding their business overseas. Some set up overseas operations, while others gain a footing through merger and acquisitions.
Today's Top News
- Ambassdor calls for closer cooperation, stronger solidarity between China, Latin American and Caribbean countries
- China-US agreement to de-escalate trade tensions, hailed as positive move that will stabilize global economy
- China strengthens control to stop illegal outflow of strategic minerals
- Rationality, objectivity and pragmatism win the day in Geneva to benefit of all: China Daily editorial
- China, US announce measures to ease tariff tensions
- China releases white paper on national security
