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China relaxes its restrictive rules and re-approves video game licenses

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Beijing has long discouraged gambling and betting. banning console sales from 2000 to 2015, requiring gamers to register to play under their real names, and last year called games spiritual opium.

To this we must add that gambling among minors is restricted. only three hours a week. All this gave many tricks on the part of the youth to try to avoid these restrictions.

As part of these restrictions, China requires video game publishers to obtain regulatory approval before releasing them.The NPPA abruptly stopped issuing it in July 2021. Prior to discontinuation, 80 to 100 video games were approved per month. The last batch, released in July, contained 87 titles.

All this, logically, without notifying the development companies, who already had a plethora of games ready to launch.

The story is that it’s not entirely clear why they re-approved video game licenses, but the Chinese government has repeatedly stated that The healthy tech industry wants to create a respectful and civilized online environment.

Well, with all that as a base, authorities came to an agreement through the National Printing and Publication Administration of China (NPPA).

Newly approved games, 45 in particular, are owned by video game makers Lilith Games, Baidu, XD and Seasun Entertainment. However, Please note that this list does not include two greats: neither NetEase nor Tencent (online game developer Honor of Kings, which has over 100 million active users).

This government decision replenishes oxygen supplies for companies that are close to bankruptcy. About 14,000 studies in 2021 were closed due to lack of income.

This change may occur due to a large loss of income. Tencent fell 5%, equivalent to almost 18 points or 18,000 million euros. However, the institutional control of the video game industry is still hidden, and this seems like an easy opportunity for tight control.

Source: Computer Hoy

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