China Growth Stocks

[2morrowsGains]

CNTF...Big gaming news announced today...More government support...Techfaith is getting an additional approx $15.7M from "Hangzhou somatosensory game Riverside District government" (translated) to build a new "game Development Center" (based on translation of today's news if I'm understanding things correctly).

And the article states that "Hangzhou game industry will play a significant role in promoting"...

"Hangzhou city government in recent years has been focusing on high technology content, strong degree of integration of information technology of the modern service industry and strategic investment in emerging industries. Hangzhou Hi-tech Development Zone (Riverside) as the most influential innovative source of Zhejiang, has been attached great importance to the development of high-tech industry development, encourage technological innovation and cultural enterprise in Hangzhou settled.
17Vee (billion somatosensory flag) Co., Ltd. and Riverside somatosensory game of the agreement reached with the Government, not only conform to the Hangzhou city government policies promoting cultural and creative industries, creative industries in Hangzhou but also enriched the content of the body a sense of the game industry, this new game brought to Hangzhou, Hangzhou game industry will play a significant role in promoting."

And check this out...
(translated) "17Vee (flag somatosensory billion) somatosensory game distribution platform is an open platform for many game developers provide a broad space, somatosensory issue more third-party stand-alone games, online games and other somatosensory somatosensory games."

Translated version...
http://translate.google.com/translate?sl=zh-CN&tl=en&js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fgame.163.com%2F11%2F1025%2F14%2F7H7FFFPL00314K8I.html&act=url

Chinese version...
http://game.163.com/11/1025/14/7H7FFFPL00314K8I.html