Valve and the Chinese publishing house Perfect World signed an agreement with the Shanghai government in preparation for the official launch of Steam in China.

Steam has been available in China for some time but many of its features are blocked and the store continues to exist in a gray area of ​​Chinese law. At an event held this week, Valve and Perfect World revealed that they are in the process of getting final approvals from the Shanghai government, a necessary step towards creating a definitive localized version of Steam.

Niko Partners analyst Daniel Ahmad shared two photos of the event, reiterating that launch games in China require obtaining a license from thestate administration of press and publications.

Steam is ready to have a huge user base in China, which is in fact one of the largest markets in the world. It already has over 30 million users, a figure that will grow once the localized version is officially published.