Perfect World Co Ltd, a leading Chinese gaming and movie conglomerate, is gearing up its overseas expansion as it looks to gain an edge in the global gaming market.
China's booming esports industry is kicking into high gear, with hundreds of millions of players and viewers actively participating in numerous local tournaments.
As their strategies in E3 reflected, expanding into the overseas market has been a trend for China's gaming industry in recent years.
China's leading entertainment company Perfect World reported 8 billion yuan (US$1.19 billion) in revenue last year, according to the company's annual report released on Monday
Perfect World's annual overseas income climbed 20 percent to nearly CNY1.5 billion last year.
China's Perfect World Education reached an agreement with Russia's Atlant Limited Liability in Beijing on Monday to establish a program to develop Russian art talents.
China's leading entertainment company Perfect World launched a Belt and Road talent development program with Russian partners in Beijing on Monday.
An art talent development program between China and Russia was launched on Monday to cultivate more art talents with digital creativity.