The Chinese regulator has issued more than 100 gaming licenses at once
The National Press and Publications Administration of China (NPPA) has allowed 105 games from local teams to be published in China. The last time the regulator issued so many licenses together was more than a year ago — in July 2022.
In the Chinese media, this step is seen as an attempt to calm the industry, which is agitated by the authorities' plans to significantly limit monetization in deep-fried products.
"This step clearly demonstrates that the authorities support the development of online games," commented the Chinese Association of Audio, Video and Digital Publishers (CADPA) on the issuance of licenses.
In total, 1076 games received permission to publish in 2023. For comparison, in 2022, only 512 titles were licensed, and in 2021 — 748 titles (plus, from August 2021 to March 2022, no licenses were issued at all in the country).
By the way, according to the South China Morning Post, the current news is the second "positive signal" for the Chinese industry from the NPPA. It turns out that the day before yesterday, the regulator announced that it would review and correct the document that scared the game dev of China last week.
Recall that at that time it was reported that in China they plan to limit the amount of money that a player can spend in video games. Against this background, Tencent's capitalization immediately fell by $43 billion.
