www.xinhuanet.com
XINHUA online
CHINA VIEW
VIEW CHINA
 Breaking News China, US hold first strategic dialogue    EU to gradually accept Iran's right to nuclear fuel cycle    1st European central bank chief dies    Helicopter carrying Sudanese vice president lands safely: TV    British police arrest man under anti-terrorism laws    DPRK intends to rejoin NPT    
Home  
China  
World  
Business  
Technology  
Opinion  
Culture/Edu  
Sports  
Entertainment  
Life/Health  
Travel  
Weather  
RSS  
  About China
  Map
  History
  Constitution
  CPC & Other Parties
  State Organs
  Local Leadership
  White Papers
  Statistics
  Major Projects
  English Websites
  BizChina
- Conferences & Exhibitions
- Investment
- Bidding
- Enterprises
- Policy update
- Technological & Economic Development Zones
Online marketplace of Manufacturers & Wholesalers
   News Photos Voice People BizChina Feature About us   
US$1.8 bn for online games
www.chinaview.cn 2005-07-30 20:18:42

    BEIJING, July 30 (Xinhuanet) -- China plans invest 15 billion yuan(about 1.8 billion US dollars) to develop 100 kinds of online games with independent property rights in the next five years, the Shanghai Youth reported.

    Yu Yongzhan, deputy director with the Press and Publication Administration of China (PPAC), was quoted as saying that the PPAC will make joint efforts with other government departments to speedup the construction of game software development centers in Beijing, Shanghai and Guangzhou cities and Sichuan province where10 to 30 home-made online game companies are expected to be launched within the next three years.

    "This will give impetus to the growth of game industry across the country, " Yu was cited as saying.

    The number of Internet users in China, the world's second-largest Internet market, grew by nine million in the first half of this year to reach 103 million.

    The development represented an increase of 18.4 percent over the same period last year in a market that still has a vast potential for further growth, the China Daily reported on July 22.

    The burgeoning online gaming market proved especially lucrative, with Internet gamers spending some four billion yuan (483 million dollars) on virtual equipment for their online alter-egos in the first six months. Enditem

  Related Story
Copyright ©2003 Xinhua News Agency. All rights reserved.
Reproduction in whole or in part without permission is prohibited.