The National Press and Publication Administration of China has issued a notice restricting children’ access to internet gaming. Starting from September 1st, the video game firms will be required to limit gaming time to three hours a week, from 8p.m. to 9p.m. on Friday, Saturday, and Sunday.
China has directed its online gaming businesses to limit the services they offer to young gamers even more, in an effort to combat what the authorities call “youth video game addiction.”
It is a considerable yet noticeable drop from the previous restriction, which had been set for 1.5 hours a day in 2019. Tencent was compelled to limit kids’ access to the blockbuster popular mobile title/game Honor of Kings to an hour on weeknights and two hours on weekends earlier this month. The new limitation is expected to have an influence on the share prices of firms in this sector, which has recently been volatile.
This is not the first time China has attempted to limit how much time kids spend playing video games. This impressive move is part of China’s escalating crackdown on technology firms. Tencent, the world’s largest video game seller, is also China’s most valuable publicly listed corporation.
Despite earning a huge revenue in 2020, China restricted the gaming time for kids
According to a research by the China Internet Network Information Center, the gaming sector in China generated around $43.2 billion revenue by the end of 2020, a 20.71 percent increase over the previous year.