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Chinese language regulators authorised 87 new online game licenses in February.

South China Morning Submit reported that Tencent and NetEase have been among the many corporations that acquired a inexperienced mild for titles.

To date, a complete of 175 recreation license approvals have been issued in 2023.

Final 12 months noticed 468 home video games and 44 imported titles that have been authorised by regulators.

The information of February’s approvals comes a month after it was reported that in 2022, the Chinese language recreation market gross sales dropped 10.3% to $39.7 billion.

It was the primary time the sector decreased since figures have been reported in 2003.





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