China is the origin of the coronavirus that's causing a lot of problems in the world lately and they've naturally been hit the heaviest. While all levels of civilian life have had to deal with plenty of problems, the Chinese gaming industry has been affected, too. Thankfully, it looks like they're going to be getting some help from the Beijing government.
"The Beijing Government introduced new measures to support various industries that have been impacted by the coronavirus, including the video game industry," stated Niko Partners Senior Analyst Daniel Ahmad in a tweet.
Most of the measures being undertaken in the coming year are focused on areas outside of gaming and entertainment. That said, neither the Chinese gaming industry nor esports have been left out in the cold.
How Will Beijing's Government Help Chinese Gaming and Esports?
Here are the details of how the Beijing government is going to be helping out the gaming and esports industries in China throughout 2020.
- Promote research and development
- Promote cloud gaming
- Cooperate with domestic and overseas businesses to get them to set up offices in Beijing
- Speed up the process of game approvals
- Focus on growing 5G, artificial intelligence, 8K resolution, Internet infrastructure, and related industries.
- Promote esports venues
- Host a 2020 esports innovation conference
- Host a 2020 esports exhibition
- Work with Tencent esports for the Honor of Kings World Championship finals.
- Cultivate and grow esports in the city.
The esports commitments are particularly important, especially considering the investments that have been made in the country in recent years. Hangzhou has been working on a $280 million esports arena and several nearby facilities in preparation for the 2022 Asian Games. Esports are expected to be included among the various forms of competition during that event.
What do you think of the Beijing government working to support the Chinese gaming and esports industries? Do you think they will be able to adequately compensate for the losses from the coronavirus crisis? Let us know in the comments below!