August 8, 2022
Rumors a few conceivable “extend in new recreation licences” in China went viral on Thursday.

Rumors a few conceivable “extend in new recreation licences” in China went viral on Thursday. Quite a lot of media shops together with South China Morning Submit reported that Chinese language regulators meant to sluggish their approval of latest on-line video games, following the new creation of stringent new regulations at the trade.

Apparently according to the theory is the truth that a brand new record of licensed video games was once now not issued as scheduled in August this 12 months, breaking the follow of issuing a batch of latest on-line video games each and every month since Would possibly 2019.

On the other hand, in accordance to a couple outstanding trade insiders, the necessities raised by means of Chinese language regulators when interviewing a number of main recreation corporations on Wednesday didn’t come with a halt within the issuing of latest recreation licences.

Ding Lei, founding father of home Web era corporate NetEase, denied the rumors, pronouncing that the Thursday document was once false.

Previously, Chinese language regulators have now not but launched data to dispel the rumors, however gaming stocks have all fallen. Tencent Holdings and Bilibili fell by means of over 8%, whilst NetEase fell by means of over 11%.

The Nationwide Press and E-newsletter Management, in conjunction with a number of regulatory government, as soon as once more on September 8 summoned Tencent, NetEase and different main on-line recreation enterprises, recreation account condominium platforms and recreation streaming platforms.

Right through the interview, the officers put ahead a number of necessities:

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Enterprises are required to support their auditing of on-line recreation content material, consciously face up to unfair pageant, and save you over the top marketplace focus and even monopoly.

Corporations should support their in-game recharge control and will have to now not alternate recreation content material or function video games with out authorization. Additionally they are required to strictly set up the promotion of video games.

Platforms are required to support the control of recreation streaming, and sure high-value rewards or rewards for minors are prohibited.

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In regards to the interview, a related worker of the sport corporate G‑bits advised Chinese language media outlet twenty first Century Trade Bring in that the means mentioned within the assembly was once in line with earlier insurance policies. “It’s simply to get everybody in combination and discuss it to give protection to minors.”