Highlights

• China's video gaming industry has over 40 years of history but has long been developing inside the country: the conquering of overseas markets started only in 2008.
• Nowadays, games from China are well known around the world and the country's firms were estimated to have earned USD 15 billion income in 2020 from foreign gaming markets.
• Although the Chinese market has experienced fast growth in the last few years, the most profit was taken by only a few players.
• Various countries put restrictions on and introduced new requirements for Chinese firms; meanwhile, some of China's tier-one cities encourage the local gaming firms to go abroad.
• In the COVID-19 era, around 50% of the Chinese gaming companies have decided to stick to their core markets and game categories.