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Shanghai Published a List of Projects to Offer Financial Support

17 local game companies are on the list
By Xueyang
Oct. 20, 2022 updated 01:43

The Shanghai Leading Office of Cultural and Creative Industries Promotion recently published a list of projects that they will financially support.

Support Fund ListSupport Fund List

The list shows 647 to-be-supported projects, including 17 game-related projects, accounting for 2.6% of the total.

For example, “Original IP Co-creation Project for intangible cultural Heritage” by HoyoVerse, “Promotion and Operation Project of the oversea promotion of Chinese mobile games based on art style” by Lilith Games, and "TapTap developer service" by Yiwan are all on the list.

In addition to games and esports-related projects, there are a large number of meta-universe, virtual idol, and digital persona projects on the List.

Once approved, the maximum amount of support funds for a single project will be 3,000,000 Yuan, which is a significant amount for many game enterprises.

Source: GameLook