By Josh Ye
BEIJING (Reuters) – China’s video video games regulator on Tuesday granted publishing licences to 88 on-line video games, together with titles belonging to Tencent Holdings Ltd, NetEase Inc and miHoYo.
Shenzhen-based Tencent, the world’s largest gaming firm, acquired not less than one recreation licence for a cellular recreation named “Yuanmengzhixing”, the listing printed by the Nationwide Press and Public Administration confirmed.
NetEase, China’s second largest gaming firm, additionally acquired a licence for a taking pictures recreation named “Chaofanxianfeng”. miHoYo, the famed developer behind Genshin Affect, secured one licence for a recreation named Honkai: Star Rail.
Not like in most different international locations, video video games want approval from regulators earlier than launch in China, the world’s largest gaming market. When Beijing cracked down on the gaming business final August, it initiated a nine-month freeze on the licence approval course of.
Final month, China granted publishing licences to 44 overseas video games for home launch after practically 18 months, successfully marking the tip of China’s crackdown on the business.
(Reporting by Beijing Newsroom; Enhancing by Kirsten Donovan)
