City News Service
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City News Service is a news platform covering Shanghai and China, aimed at expatriates, with local news and information on services such as health, housing and education. It publishes articles, including coverage of China's gaming and eSports market.
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China Reports Record-High Gamer Base with Huge Potential for eSports
The Chinese gaming industry experienced a slight revenue contraction in the first half of 2023, yet remains positioned for a strong recovery in the latter half of the year.
- China's gaming industry revenue in the first half of 2023 was 144.3 billion yuan (US$20.0 billion), a 2.39% decrease year-on-year, but saw a 22% quarter-on-quarter growth in Q2, indicating a market recovery.
- The Chinese gamer user base reached a record high of 668 million in H1 2023, meaning approximately one in two people nationwide are players.
- PC-based games in China generated 32.9 billion yuan in revenue during H1 2023, growing 7.2% due to eSports and dual mobile/PC platform distribution.
City News ServiceJul 2023