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Chinese game industry saw $9.7 billion in revenue last year

Jef Reahard

Video games are a pretty big deal in China. How big? According to TechWeb the Chinese gaming industry brought in a whopping $9.7 billion last year, which marks a 35.1 per cent year-on-year growth rate from 2011.

Online gaming accounted for 90% of total revenue, with mobile gaming and hardware making up the remaining 10%. The report also predicts significant future growth for China's games industry, with revenue expected to top $21.7 billion by 2017.

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