New game approvals in China and a report praising the progress of reducing gaming addiction could be positive signs for giants Tencent and NetEase.
On Tuesday, research firm CNG alongside the China Game Industry Group Committee, which is affiliated with the gaming publishing regulator, published a report in which they praised the progress on reducing gaming addiction among people under the age of 18.Regulators have been concerned for some time about gaming addiction among minors.
The CNG report holds weight because it has been published in conjunction with a key gaming industry body with links to the regulator. The report said more than 70% of minors play games for less than 3 hours a week, and the problem of minors' game addiction has "achieved a step toward resolution," according to a CNBC translation.
The CNG report also singles out major Chinese gaming companies including Tencent and NetEase for their positive moves enforcing the protection of minors.to see whether the person playing the game is an adult. Another positive sign came last week when the regulators approved a batch of 70 new games for release. In China, video games need approval to be published and monetized. Among the approvals was a game titled Metal Slug: Awakening from Tencent, marking the company's first commercial game license in a year and a half, according to Reuters.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cap Metro Wants Its Pre-Pandemic Groove BackEverything at Cap Metro is in flux with new ridership, new leadership, and new routes.
Read more »
Philippines and China tussle over retrieving rocket debris floating in disputed South China Sea | CNNThe Philippines and China tussled on Sunday over Chinese rocket debris in the disputed South China Sea, raising tensions ahead of a scheduled visit by US Vice President Kamala Harris.
Read more »
EV makers eye big shift to comply with China restrictions in new tax creditElectric vehicle makers are eyeing ditching China and turning to noncompetitor countries like Indonesia for battery supplies to meet increasing demand without violating provisions of the Democratic climate legislation meant to move supply chains closer to home.
Read more »
China rolls out rocket to launch new crew to newly-completed space stationShenzhou 15 will launch to Tiangong to see China's first space station crew handover.
Read more »
New Items Are on Sale All Week in The New Yorker StoreAs the holiday season begins, enjoy discounts of up to thirty per cent on apparel and home goods for yourself and your loved ones.
Read more »