The Chinese authorities should stop providing tax incentives to gaming companies, according to one of the local state media. The newspaper explains this by saying that Tencent and other major players have successfully entered the global market and no longer need state support.On August 5, the relevant material was published on the website of the Securities Times newspaper.

The media controlled by the Chinese authorities have softened criticism of video games. They no longer call them an “electronic drug”, but still urge society to fight gambling addiction. Against this background, Tencent shares managed to recoup almost half of yesterday’s fall.

Chinese authorities continue to look for new ways to regulate online business and video games. In just a day, the shares of local giants like Tencent and NetEase have sharply lost in price. This is due to an article in a state newspaper that equated games with drugs and called for stricter control measures of the industry.

Chinese giant Tencent is preparing new restrictions for underage gamers in Honor of Kings. The company said it plans to further reduce the time they can spend in the game. She also intends to ban children under the age of 12 from spending money.

The analytical company GameRefinery summed up the results of the second quarter and told about the main mobile genres and publishers in the USA, Japan and China. For example, American gamers like to play puzzles and give a lot of money to Roblox — it accounts for over 5% of the country’s gaming revenue.

The Chinese authorities require developers to indicate with what probability items fall out of the loot boxes. But as it turned out, not all game authors fully comply with this requirement. And while some developers carefully hide information from gamers, others completely ignore the law.

ByteDance decided to compete in video games not only with Chinese giants Tencent and NetEase, but also with international companies such as Nintendo and Activision Blizzard. She announced plans to become “a global gaming company that can remain popular for decades.”World of Warcraft

The company miHoYo decided to do charity work. Together with the Chinese Youth Development Foundation, Genshin Impact developers have launched a program called the Flamescion Public Welfare Project. As part of this program, they have already allocated money for the construction of a new building for an elementary school in Tongzi.

In the new digital era, the question of who will get the game accounts and the items accumulated in them after the death of users is acute. To do this, Tencent has patented a special technology of “digital inheritance”. In theory, it will allow you to transfer in-game assets to people specified in the will.Analyst Daniel Ahmad drew attention to this.

Analytical company Niko Partners in a recent study examined how the Chinese console market is changing. There are still few games made by foreign developers on it, but the number of local titles is growing. But this is not yet enough for the sector to fully compete (financially) with mobile and PC.

Another gaming company is preparing to enter the stock exchange. China‘s Qingci Games has filed for an IPO. The studio has six mobile games on its account, of which the most famous is Marvelous Snail — a casual game about a snail in the post-apocalypse. In China, this game holds the second place in popularity in its genre.

Tencent remains the most active company in the gaming investment market. This time, the Chinese giant has acquired a majority stake in the Berlin studio Yager. The developers are known for Spec Ops shooters: The Line and The Cycle.Spec Ops: The Line

Consoles account for a small share of the Chinese gaming market compared to other platforms. However, their popularity will only grow, according to Niko Partners. According to analysts’ forecasts, by 2025, the revenue of the Chinese console market will approach $ 2.5 billion. We are talking about sales of both legal and gray products.Console market revenue and the number of gamers in China for 2020, 2021 and 2025

Many Chinese gaming companies have rather harsh working conditions — specialists work six days a week from 9 am to 9 pm. However, Lightspeed & Quantum studio, owned by Tencent and developed PUBG Mobile, decided to fight crunches. To do this, she made a number of small concessions for her employees.This was reported by analyst Daniel Ahmad.

China has very strict certification rules, as the authors of Cyberpunk 2077 were well aware of. It turned out that the developers of the game marked with the tag “Winnie the Pooh” all the controversial content that should be removed before the release in China. The problem is that this character has been banned in the country since 2017.

The Chinese giant Tencent has problems at home. She was sued by the Beijing Center for the Protection of Children’s Rights (BCLARC), which was not satisfied with the game Honor of Kings. According to human rights activists, the title encourages gambling addiction and shows “unacceptable content”: openly dressed characters, violence and a distorted history of China.

Call of Duty Online is a free—to-play version of the shooter, available exclusively in China. Tencent has decided to stop supporting the game after six years on the market. It is reported that after the servers are closed, players will be offered to transfer accounts to Call of Duty: Mobile.This became known on May 31 on the official Call of Duty Online website.

The Chinese video game market is growing rapidly. According to the forecast of the analytical company Niko Partners, by 2025 the turnover of the mobile and PC segments alone will reach $55.1 billion. This is $12 billion more than in 2020.

On May 19, Perfect New World, a new MMORPG from Perfect World Entertainment, was released in China. In just one day, the revenue of the game on mobile devices exceeded $ 400 thousand. At the same time, the game will also be available on PC and consoles.