Chinese Online Market Up 73.5%

Chinese Online Game Market Grows 73.5% has posted a report that gives details as to this tremendous growth in the Chinese Online Game Market.

The Sina report notes that China currently houses 90 online game development companies, 25 in Beijing and 20 in Shangai alone. Development staff for the companies hit nearly 14,000 employees in 2006, a rise of 11 percent over the prior year. Despite the tremendous rise in revenue and staff, only 8 new online game companies were formed in 2006, compared to 24 in 2005.

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