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The MII sets aside a total of RMB500 million
(approximately US $60
million) each year to support the development of the country's IT industries
.
The CPPA also launched the National Online Game Publication Project to
boost development
of domestic online games in 2004. Recently the CPPA
announced that three internally developed online
games of Shanda, including
The Age and two other new titles, Three Kingdom and Magical Land, along
with
18 other domestic titles, have been selected for the project.
Sento Corp.
Finally
, Giga Tronics Inc.of the
Tianqiao Chen, CEO of Shanda expressed: "After receiving the excellent
model
enterprises of China's Cultural Industry from the Ministry of Culture in
2004, the additional support
towards Shanda demonstrated by both the MII and
the CPPA illustrate that China has been aggressively
promoting the development
of a home grown online game industry.decks card
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the game
20 /Xinhua-PRNewswire/ -- Shanda
Interactive
Entertainment Limited (Nasdaq: SNDA), the largest operator of online games in
China
, announced today that Shanda's leading online games, The Legend of Mir
II and World of Legend, were
respectively recognized as the most popular
online game and the best domestic game in China in the
2004 Chinese Game
Annual Forums sponsored by China Press and Publication Administration (or
CPPA
).
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of legend
Meanwhile, Shanda's leadership
position in online game industry has also
been further recognized by Chinese government -- the Ministry
of Information
Industry (or MII) and the CPPA with support for game development. For more information
about Shanda, please visit http://www. was up 17% following the announcement of a contract expansion
with a leading health services provider. was up 8% as we continue to follow this company for further
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These honors further demonstrate Shanda's leadership in the growing
online games industry."
About Shanda
Shanda Interactive Entertainment Limited (Nasdaq: SNDA) is the largest
operator
of online games in China.com. Today, we will be tracking the following companies to gauge
the short
-term sentiment of their market:
Sento Corp.
(NASDAQ: USAKGIGA).sands of
Shanda's prominent recognition
in these
forums also reconfirms our leading position in this rapidly growing category. Shanda's game
platform attracts a large and loyal user base, each member of which can
interact with thousands
of others, which creates a strong community among
users.
The Bellwether Report is the leading
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up 8% as we will also continue
to follow this company following some aggressive trading today.decks games
Two
of Shanda's Games Awarded By CPPA As the Most Popular Game and Best Domestic Game Titles In China In
2004
Recently the MII announced the list of enterprises that won government funding
this year
and Shanda became the key enterprise to be given special support for
online game software development
. Shanda offers a portfolio of massively
multi-player and casual online games that users play over
the Internet,
including several of the most popular online games in China.PRESS RELEASE Bellwether
Report Is Tracking SNTO IMMR USAK and GIGA
(NASDAQ: SNTOIMMR); USA Truck Inc.7 million in damages
to Immersion in
PlayStation patent case.rules sample
Chinese Government Recognizes Shanda's Online Game
Industry
Leadership With Support for Game Development
SHANGHAI, China
, Jan.snda.burning games
A community sponsored library.
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