China’s online gaming industry grew by 76% in 2008

According to China Press and Publication Association, China’s online gaming industry is continuing to grow rapidly. The industry had combined revenues of 18.38 Billion RMB (2.63 Billion US$) - a 76.6% year on year increase compared to 2007. China is currently exporting its online games to more than 40 countries, with the US being the biggest market. Annual sales revenue in foreign markets amounted to 70 Million US$ and are expected to exceed 100 Million US$ in 2009.

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