China May Withdraw Strict Game Regulations... Draft Removed from Official Website

There are speculations that Chinese authorities may withdraw their stringent game regulation policies.

The National Press and Publication Administration (NPPA) of China deleted the draft regulation post titled "Online Game Management Measures" from its official website on the 23rd.

The original draft included strict regulations such as limiting spending-inducing items like loot boxes, capping game currency top-up limits, and banning attendance rewards.

As a result, the stock prices of Chinese game companies like Tencent and NetEase plummeted, and domestic game companies closely linked to the Chinese market also saw declines. In response, the Chinese government issued a statement just one day after announcing the regulations and attempted to ease the situation by issuing a large number of licenses (판호, panho) to Chinese game companies.

The NPPA stated that it would decide on the final implementation of the regulations after gathering opinions from the industry, but the draft post was deleted without any further announcements. The NPPA has not provided any specific reasons for deleting the post.

With the deletion of the draft, both domestic and international industries are hopeful that the regulations have effectively been nullified.

This content was produced with the assistance of AI translation services.