China and online gaming industry: Growth amidst bane

Krish Apr 10 2006

China Gaming

China has more than 30 million online gamers. And not quite astonishingly the country gamers have paid more than $500 million as game subscription fee alone. The government is also awaking up to the phenomenon and wants a share of the action too.

It recently has announced a $2 billion plan to develop the industry. That's quite incredible, isn't it? The idea behind this move is to encourage local gaming companies to develop in-company infrastructure so that the country imports less and exports more.

However, the whole picture is not all that shiny shiny. A generation of players is addicted to the game and in the chase of gaming dream they are even denying to take look at the most basic necessities of life.

Gamers are end up at recently opened Beijing's Internet addiction center.