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China e-sports market surpasses N America: experts

(chinadaily.com.cn) |Updated : 2022-09-21

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On Sept 15, the "E-sports Beijing 2022" Urban Challenge-End Game Finals is held in Beijing Beigao No. 1 International Art District. [Photo/SOCAAC]

On Sept 15, the "E-sports Beijing 2022" Urban Challenge-End Game Finals was held in Beijing Beigao No. 1 International Art District. It was hosted by the Beijing State-owned Cultural Assets Administration Center (SOCAAC) and supported by the Beijing Time-honored Brand Association.

Wu Xijun, director of the Planning and Development Office (Industry Promotion Office) of the Beijing SOCAAC, and Liu Bo, chairman of the Cultural Innovation Committee of the Beijing Time-honored Brand Association, attended the event.

Beijing's time-honored enterprises such as Dongya Chun, Fuquan Pavilion, Yushiyuan, and Shuanghesheng were the four participating teams. They aim to supply high-quality talents for Beijing's e-sports industry through various events. The challenge will open up the market, enhance its influence, and further promote the high-quality development of Beijing's e-sports industry.

The game was broadcast live on the Douyu platform (a major livestreaming platform for gaming), and the page views reached 975,000.

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On Sept 15, the "E-sports Beijing 2022" Urban Challenge-End Game Finals is held in Beijing Beigao No. 1 International Art District. [Photo/SOCAAC]

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On Sept 15, the "E-sports Beijing 2022" Urban Challenge-End Game Finals is held in Beijing Beigao No. 1 International Art District. [Photo/SOCAAC]

According to the latest global e-sports market report released by NewZoo, a third-party organization, the number of global e-sports users has reached 495 million, and China's e-sports market revenue accounts for more than one-third of global revenue, surpassing North America to become the world's largest e-sports market.

The upstream and downstream fields derived from the expansion of the e-sports industry in China have formed a two-way cycle of ecology and social economy, which has promoted Chinese teams to repeatedly win championships in international competitions. They demonstrate the power and vitality of the integrated development of Chinese culture and technology. With the prosperous development of e-sports IP commercialization and the continuous rise of the digital economy, the high-quality development of the cultural industry will reach a new level.

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On Sept 15, the "E-sports Beijing 2022" Urban Challenge-End Game Finals is held in Beijing Beigao No. 1 International Art District. [Photo/SOCAAC]