China fosters pro-business climate with new data rules
Wednesday, October 30, 2024
Significance
This followed the release of China’s new Network Data Security Management Regulations, which are set to take effect on January 1. The rules aim to strengthen data security and privacy while establishing compliance requirements for both domestic and international entities.
Impacts
- The legal status of VPNs and “important data” in China will remain vague, but with a lenient enforcement environment.
- Through the cross-border data dialogue, the EU and China will explore innovative ways to coordinate their domestic data regulations.
- The authorities will maintain a tight focus on specific areas of sensitive data, such as mapping
Related articles
