In 2023, the Video Game Business in China Bounced Back, With Domestic Sales Surpassing $42.6 Billion

With a 13% increase in domestic sales to 303 billion yuan ($42.6 billion) this year, Beijing’s 8-month crackdown on the video gaming industry two years ago is already in the past.

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The country’s largest gaming market has now resumed growing, marking a major reversal.

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China’s game industry grew further as Beijing highlighted the need for technological independence.

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Homegrown gaming income increased to 256 billion yuan annually, a 15% increase over the previous year.

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Homegrown gaming income increased to 256 billion yuan annually, a 15% increase over the previous year.

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Chinese video games’ export revenue, however, suffered as nations like India scrutinized them more closely for reasons of national security.

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