The Digital Source For China's Tech Innovation Since 2000

China Plans Huge Investment For Online Entertainment

July 31, 2005
Editorial Staff

Local media reports over the next five years China's government agencies plan to invest 15 billion yuan to develop 100 kinds of online games.

In addition, those games would be given independent property rights.

Yu Yongzhan, deputy director of the Press and Publication Administration of China (PPAC), was quoted as saying that the PPAC will make joint efforts with other government departments to hasten development of game software centers in Beijing, Shanghai, Guangzhou and parts of Sichuan province.

10 to 30 domestic online game companies are expected to be launched within the next three years under this plan.

Related Topics: Beijing | China | currency | development | entertainment | game | games | government | Guangdong | Guangzhou | investment | media | online | online game | property | Renminbi | Shanghai | sichuan | Software | Three | Yuan

Other News:

Shanghai Gains 100,000 3G Mobile Phone Numbers From China Unicom

February 18, 2009

China Telecom, Reliance To Open Terrestrial Cable Transmission System

August 31, 2009

China state firms invest in TikTok sibling, Weibo chat app – KIRO 7 News Seattle

August 19, 2021
kiro7.com kiro7.com

NBA Unveils Video-on-Demand Basketball Games In China

February 8, 2006

EU Prepares €4 Trillion Eurobond Push As Russia Eyes Dollar Comeback

February 17, 2026
zerohedge.com zerohedge.com

Honda China JV announces plant of 120,000 electric vehicles per year

January 9, 2022
uktimenews.com uktimenews.com

The Honor 90 and 90 Pro pack minor upgrades over their predecessors

May 30, 2023
androidcentral.com androidcentral.com

Fearful foreign firms cut off data over China’s anti-spying law

July 16, 2023
afr.com afr.com

U.S. officially the top destination for bitcoin miners, beating out China for the first time

October 14, 2021
fntalk.com fntalk.com
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2026 ChinaTechNews.com. A Service of Asia Media Network.