'Game is on' for developers in overseas markets
Gaming companies from China have discovered new avenues of growth in overseas markets, judging by the substantial increase in exports during recent months, industry sources said.
Out of the 45.83 billion yuan ($7.38 billion) worth of online games produced by Chinese developers in the first six months of this year, 23.8 percent, or $1.76 billion, were exported, a 121.4 percent year-on-year growth, according to the 2015 China Gaming Industry Report released during the China Digital Entertainment Expo & Conference, which opened in Shanghai on Thursday.
Meanwhile, the State Administration of Press, Publication, Radio, Film and Television, the industry regulator, approved the release of 355 online games during the first six months, up 88.7 percent year-on-year.