China to restrict time spent on online games for minors
Following the ban on karaoke songs with illegal content and the regulation of fan culture, China begins to restrict the time minors are allowed to spend on online games in order to combat growing addiction among the population. young person of the country.
With this decision, online players under the age of 18 will only be allowed to play for an hour – 8 p.m. To 9:00 p.m. to Fridays, weekends and holidays. The new restrictions also apply to online mobile games.
Online gaming companies are also prohibited from providing their services to minors outside of the specified period. Make sure are applied, companies will be subject to strict inspection and will need to verify that players use their real name before logging in.
Mobile-related actions #Games in Hong Kong fall Tuesday morning trade on report #China reduces online play time for minors:
Actions of #Feiyu Technological drop of 7.8%; #NetEase decrease of 3.94%; #Bilibili down 3.54%; #XD fall of 3.91%; #Tencent decrease of 1.64%.$ NTES $ TCEHY $ BILI pic.twitter.com/65dYDQhfLX
– CN wire (@Sino_Market) August 31, 2021
Due to the regulations, the shares of some Chinese online game companies have been affected, causing their value to drop significantly. Large companies such as Feiyu report a decrease of 7.8% while NetEase Games shares fell 3.94%.
A month before the last restrictions, Daily economic information reported that many adolescents have developed an addiction to online games and that this has a negative impact on their well-being. Previously, China banned minors from playing online games since 10 p.m. to 8 a.m. and allocating up to one 90 minutes of play maximum.