Intellectual property rights fortify entertainment market in China

A whole new business of intellectual property or IP rights related to digital games, online literature, films, TV dramas, animation and comics has emerged in China.

Mobile games based on other forms of IP products contributed 74.56 billion yuan ($11.8 billion) to economic output of China in 2017. They also accounted for more than 60 percent of the total mobile game revenues, according to a recent report.

The report, released by leading Chinese gaming industry database Gamma Data Corp, highlighted the emerging trend of spinoff from hot IP rights related to games. IP rights-protected products like digital games will play an increasingly significant role in supporting gaming revenues.