{"id":25418,"date":"2021-12-10T07:24:23","date_gmt":"2021-12-10T10:24:23","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=25418"},"modified":"2021-12-10T13:55:52","modified_gmt":"2021-12-10T16:55:52","slug":"chinas-esports-industry-worth-us27-36bn-report-says","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/chinas-esports-industry-worth-us27-36bn-report-says","title":{"rendered":"China&#8217;s esports industry worth US$27.36bn, report says"},"content":{"rendered":"\n<p>A report by Huya Inc and the Communication University of China reveals that the esports industry in China will continue growing in forthcoming years.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>China.- Huya Inc, a live broadcast company, and the Communication University of China has issued a report analysing the esports industry in China. They estimate that the sector will have <strong>grown by 130.8 per cent this year<\/strong>, reaching a value of CNY173.6bn (US$27.36bn).\u00a0<\/p>\n\n\n\n<p>The report predicts that esports will grow further in the next few years and that more esports-related policies and regulations will be introduced, providing unprecedented opportunities for the industry&#8217;s ecosystem. However, problems such as the unbalanced development of esports enterprises, lack of core technology, and insufficient copyright awareness need to be resolved urgently, the report says.<\/p>\n\n\n\n<p>According to Global Times,\u00a0<strong>Li Meng, Senior Vice President of Huya<\/strong>, said that the esports industry is playing an increasingly significant role in shaping the image of China&#8217;s esports hub and added it will boost the development of the digital economy.<\/p>\n\n\n\n<p>Earlier this year,<strong>\u00a0China imposed strict restrictions on young people\u2019s gaming activities<\/strong>, effectively providing them with a total of three hours of video game time per week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A report by Huya Inc and the Communication University of China reveals that the esports industry in China will continue growing in forthcoming years.<\/p>\n","protected":false},"author":176,"featured_media":13212,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"footnotes":""},"categories":[16338,153],"tags":[12536,512],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/25418"}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=25418"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/25418\/revisions"}],"predecessor-version":[{"id":25428,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/25418\/revisions\/25428"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/13212"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=25418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=25418"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=25418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}