China's mobile game market expands in Q1 | investinchina.chinaservicesinfo.com

China's mobile game market expands in Q1

Xinhua Updated: 2022-05-05
File photo shows a visitor broadcasting a mobile game competition with his mobile phone during an international animation fair in Shijiazhuang city, capital of North China's Hebei province. [Photo/Xinhua]

BEIJING -- China's mobile game sector registered steady growth in the first quarter of the year (Q1), according to a report released by CNG, a research agency in the sector.

The sales revenue of the country's mobile game industry topped 60.43 billion yuan (about $9.13 billion) in the period, up 2.72 percent year-on-year and rising 9.28 percent from the fourth quarter of 2021, the report showed.

The total revenue of the country's game market stood at over 79.47 billion yuan, up 3.17 percent year-on-year and 10.08 percent quarter on quarter.

China-developed games raked in more than $4.55 billion in the overseas market, edging down 0.54 percent on a quarterly basis, according to the report.