A downfall in Chinese Online Gaming Industry

From the corner of online gaming industry, a recent statistics has been revealed that the online gaming companies of China represent a negative impact. It is expected to have been brought by post-90s generation population, as reported by China Busine

Raalterweg 36, Netherlands (prHWY.com) February 21, 2011 - According to the CBN, gaming giants like Netease , Tencent, and Shanda Interactive Entertainment Ltd reported that 2010 was their most difficult year. Past three years had lowest growth rates. And a report by iResearch Consulting Group shows that growth in China's Internet game market slowed the most in 2010. The industry grew only 21 percent in 2010 to 32.74 billion yuan.
According to online data compiled from the Ministry of Education, the number of first graders in China's primary schools dropped from about 25.7 million in 1997 to roughly 16.9 million in 2005, CBN reported. The number remained at about 17 million between 2005 and 2009.
In addition to a lack of high-quality games and a skimp selection of netizens, the challenges can be recognized to the declining population of those born in the 1990s, known as the Post-90s generation, CBN reported. A niche of baby games (juegos de bebe) has emerged which is expected to increase regular visitors to gaming portals.
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