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Caixin Global
Caixin Global
Business

China’s Video Game Industry Posts First Drop in Five Years

What’s new: China’s video game industry posted a 10.3% decline in 2022 sales to 265.9 billion yuan ($39 billion), the first drop in five years, according to a report by the China Game Industry Annual Conference.

Total users dropped 0.33% in 2022 to 664 million, the report said. Sales of mobile games shrank 14.4% year-on-year to 193 billion yuan.

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