Off the wire
• Urgent: Blast rocks northern Syrian town  • Five killed in Sri Lanka train-car crash  • About 400,000 poultry culled because of bird flu in Hungary  • Four Ukrainians rescued from sinking boat off Greek coast  • Half million children live under siege in Syria: UNICEF  • German machine tool maker eyes China's industrial automation  • France's conservative primary run-off kicks off  • Armenia to host 17th Francophonie Summit in 2018  • Swiss cast votes on nuclear energy referendum  • 1st LD: China releases guideline on property rights protection  
You are here: 　 Home

Shanghai sets up online gaming association

Xinhua, November 27, 2016 Adjust font size:

Online gaming companies in Shanghai have set up an association to promote the healthy development of the industry.

According to the association, founded over the weekend, Shanghai has 600 online gaming enterprises, employing about 60,000 people. The sector is valued at 36 billion yuan (5.3 billion U.S. dollars), or one third of the nation's total.

Chen Libiao, president of the association and COO of Youzu Interative Co. Ltd, said the association will promote research, exchange, training, exhibitions, intellectual property protection, and information sharing in Shanghai's gaming industries.

China is the world's leading online games market with about 370 million gamers. The revenue of the sector has been growing by around 30 percent annually in the past eight years, according to data from Ministry of Culture. Top players include Tencent, NetEase, Shanda, and Changyou. Endi