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Esports event ignites gaming fever in southern Chinese metropolis

China

China

China

Esports event ignites gaming fever in southern Chinese metropolis

2025-08-11 01:35 Last Updated At:07:17

A grand esports event has drawn massive crowds to the southern Chinese metropolis of Shenzhen, showcasing the city’s efforts to establish itself as an esports hub.

The 2025 CrossFire IP Carnival and Summer Finals kicked off on Saturday at Shenzhen Sports Center Stadium, bringing together thousands of esports fans from across the country.

"I came from Shandong. I played this game a lot when I was a student," said Yu Jinheng, an avid fan.

"I came all the way from Guangzhou. I've known CrossFire since childhood," said Ye Zhiqiang, another longtime player.

Beyond the arena, the esports competition has ignited a citywide gaming fever.

A CrossFire-themed museum is entertaining visitors of all ages, with exhibits showcasing 16 years of gaming history and cosplayers bringing characters to life.

Meanwhile, CrossFire-inspired futuristic cars and walking robots have become standout attractions across the city.

CrossFire’s operator, Tencent -- the Chinese tech giant -- said the activities are part of its efforts to boost the game’s popularity among the public.

"Through creative cultural tourism activities, we can reach a larger audience,” said Li Yiping from Tencent’s IEG K1 Collaboration Department.

Analysts say Shenzhen has made dedicated efforts to boost its esports industry.

"We must attach importance to the guiding role of policies, from top-level planning and coordination between departments to funding support and talent development, to promote the high-quality, all-round development of Shenzhen’s esports industry," said Wang Shenchen, a research associate at China Development Institute.

Esports event ignites gaming fever in southern Chinese metropolis

Esports event ignites gaming fever in southern Chinese metropolis

China's outstanding aggregate social financing -- the total amount of financing to the real economy -- reached 442.12 trillion yuan (about 63.4 trillion U.S. dollars) as of the end of 2025, up 8.3 percent year on year, central bank data showed on Thursday.

The country's aggregate social financing stood at 35.6 trillion yuan (about 5.1 trillion U.S. dollars) in 2025, up by 3.34 trillion yuan (about 479 billion U.S. dollars) from the year 2024, said the People's Bank of China (PBOC), the country's central bank.

According to the data, the M2, a broad measure of money supply that covers cash in circulation and all deposits, increased 8.5 percent year on year to 340.29 trillion yuan (about 48.8 trillion U.S. dollars) as of the end of December.

In addition, outstanding yuan loans stood at 271.91 trillion yuan (about 39 trillion U.S. dollars) at the end of 2025, up 6.4 percent year on year.

China's aggregate social financing maintains high growth in 2025

China's aggregate social financing maintains high growth in 2025

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