If you’re planning a gaming startup in China, you could hardly choose a better location than Shanghai. At the opening of the CCG Expo in Shanghai this morning, Shanghai representatives announced that the city’s gaming industry’s value grew to 14.9 billion RMB (about $2.3 billion) in 2011. That’s a 24 percent jump over 2010, and that’s not all. At $2.3 billion, Shanghai now accounts for about 30 percent of the value of China’s games industry.
It also looks like there’s plenty of room to grow, especially in the mobile space. Web games accounted for 97 percent of the Shanghai industry’s value, with mobile games just a paltry three percent. However, mobile gaming is growing so quickly throughout China that I can’t help but imagine that number is going to balloon over this next year.
Shanghai already has 227 gaming companies — 215 of them private enterprises — but with fast growth and an apparent opening in the mobile gaming sector, it looks like a great spot for anyone looking for a location to found a mobile gaming startup.
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