Connect with top gaming leaders in Los Angeles at GamesBeat Summit 2023 this May 22-23. Register here.

Chinese publisher Perfect World is helping Valve to create Steam China, which will bring Steam officially into the Chinese market. This is a huge move that will make this a legit platform in the biggest gaming market on the planet. China spends more money on games than the United States, and the PC is the biggest platform in that country in terms of revenues.

Valve has already worked with Perfect World to run games like Counter-Strike and Dota 2 in China, but this expansion of their partnership means that more games will have an easier path to entering this lucrative market. That’s potentially disruptive, but Valve and Perfect World are not promising that every game from Steam proper will show up on Steam China.

“Perfect World and Valve will collaborate closely on Steam China, actively promoting its launch, marketing, and game lineup,” reads a Valve press release. “No changes are planned for Steam’s existing worldwide operations and services as a result of this announcement.”

Steam China does not have a release date.


GamesBeat Summit 2023

Join the GamesBeat community in Los Angeles this May 22-23. You’ll hear from the brightest minds within the gaming industry to share their updates on the latest developments.

Register Here

This move from Valve seems like a response to Tencent’s growth with its WeGame platform, which is a Steam-like distribution platform. Unlike Valve, Tencent is domestic to the Chinese market, which means it doesn’t face the same regulation hurdles. But by partnering with Perfect World, Valve should also now avoid most of those barriers as well.

Perfect World also publishes games in the West as well as in China. It’s the publisher for Cryptic Studios’ Neverwinter, the online role-playing game in the Dungeons & Dragons Forgotten Realms setting.

GamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Discover our Briefings.