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China slows down approval for new online games - SCMP

Reuters
Updated ·1-min read
FILE PHOTO: Man plays online game on a computer at an internet cafe in Beijing

(Corrects to say China "slows down" approvals, not "suspended", in headline and paragraph 1 and 2 after SCMP clarifies. Also, corrects paragraph 2 to say China's strategy emerged after a meeting and not at the meeting)

(Reuters) - China has temporarily slowed down approval for all new online games in a bid to curb a gaming addiction among young people, the South China Morning Post reported https://bit.ly/3hiH4ee on Thursday citing people with knowledge of the matter.

The SCMP said the strategy to slow down approvals emerged after a Wednesday meeting between Chinese authorities and gaming firms including Tencent Holdings Ltd and NetEase Inc.

Beijing on Wednesday had summoned gaming firms including Tencent and NetEase.

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Tencent declined to comment. NetEase did not immediately respond to Reuters request for comment.

China moved in August to ban under-18s from playing video games for more than three hours a week, saying this was needed to curb a growing addiction to what it once described as "spiritual opium".

China has conducted a broad crackdown on a wide range of sectors including tech, education and property to strengthen government control after years of runaway growth.

(Reporting by Anirudh Saligrama in Bengaluru; Editing by Raissa Kasolowsky and John Stonestreet)