Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Tech is Caixin Global's real-time tech news portal, featuring 24-hour news, short-form analysis, and roundups from business and tech media in China.

LATEST
Ping An-Affiliated Fintech Firm OneConnect Raises Capital from New Share Sale As It Eyes Global Expansion
Pompeo Hints At ‘Broader’ Ban on Chinese Apps After Trump’s Executive Orders Targeting TikTok and WeChat
Trending in China: Merchants and Netizens Forced to Pick Sides in Fight Between Delivery Firms
Baidu-Backed Video Streamer iQiyi Probed by U.S. Regulator After Short Seller’s Report
AI Unicorn SenseTime Is Said to Mull Hong Kong, China IPO
Huawei Copies Korean Rivals by Manufacturing Own Display Driver Integrated Chips
JOYY’s Livestreaming Revenue Up 40% in Second Quarter of 2020
Trending in China: ‘Mukbangs’ Under Fire in China Amid High Level Food Waste Campaign
Trending in China: How Will the Chinese Diaspora Survive a WeChat Ban In U.S.?
Online Platform JD.com Buys into Bricks and Mortar Convenience Store Chain
China Unicom Profits Rise in First Half, Stock Soars
ByteDance in Talks with Indian Conglomerate Over TikTok Amid Layoff Fears
Alibaba’s Zhang Yong Tops 2020 Forbes China Best CEOs List
Trending: Family Feud Raises Big Questions Over Succession in China’s Multi-Million “Family” Businesses
Shanghai-Listed Foxconn Internet’s Cloud Service Sales Up 4% in First Half of 2020
U.S.-Listed Chinese Companies Nio and Huya Have Something to Cheer About
Apple Edges Huawei Out of No. 1 in Quarterly Tablet Shipments
Chinese Finance Platform Lufax Files for U.S. IPO of up to $3 Billion
China Mainland Leads U.S. in Fortune Global 500 Companies But Trails in Profitability
Trending in China: Tencent – Fighting Youth Unemployment or Enemy of Older Workers?
Gaming Platform Steam to Launch China-Specific Version

By Tianyu M. Fang / Aug 22, 2019 03:38 PM / Business & Tech

Photo: IC Photo

Photo: IC Photo

Steam, the desktop gaming platform owned by Valve Corporation, will soon arrive in China, the company announced Thursday.

Well, not really — because the China-specific version of Steam will be a localized version, almost completely independent from the original platform.

This means that not all games currently on Steam’s international version will be immediately available on the Chinese platform — called Zhengqi Pingtai, literally “Steam Platform” — because of China’s strict licensing regulations on video games. Steam China will first release close to 40 games, including Valve’s Dota 2 and Dota Underlords.

While Steam had never officially entered China as an approved video game distributor, Chinese gamers are already active on the platform. According to a recent Steam survey, over 20% of gamers on the platform are Chinese-language users, making it the second most popular language.

Valve has partnered with Perfect World, a Shanghai-based video game producer, to roll out Steam China in November. Neither company has confirmed an exact release date for the product.

China is the world’s largest video game market. With over 600 million gamers, the country’s gaming industry thrived for years, before stricter licensing policies in recent months stifled its growth. Last year, authorities stopped issuing licenses to game developers, effectively preventing new games from going to market, until the suspension was lifted this year.

Related: After Industry Chill, Chinese Games Sales Return to Double-Digit Growth

Share this article
Open WeChat and scan the QR code