China gaming revenue up 46.4 pct in H1

    China’s gaming industry reaped 49.62 billion yuan ($8.04 billion) in sales revenue in the first six months of 2014, Sun Shoushan, deputy director of the State Administration of Press, Publication, Radio, Film and Television told local media at the sidelines of an industry event. This represents an increase of 46.4 percent from the same period in 2013. Mobile gaming revenue hit 12.52 billion yuan in the first half, surging 394.9 percent from a year ago, the official added. The gaming industry achieved sales revenue of 83.17 billion yuan in 2013, an increase of 38 percent year-on-year.