Why China approving 105 online games is a 'big news'

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China's authority in charge of press and publications has approved 105 online games, signaling a shift in the country's stance on the online gaming sector. The Game Working Committee, under the China Music and Digital Association, gave the approvals, supporting the industry's prosperity and healthy development. The move comes after the recent draft guidelines for curbing online gaming caused major losses for game companies like Tencent and Netease. The guidelines include bans on incentives for log-ins and purchases, limits on user recharges, and warnings for irrational consumption behavior.

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