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In latest China regulatory move, common data platform planned for Greater Bay area - geemong - 12-07-2021 09:57 AM

In latest China regulatory move, common data platform planned for Greater Bay area

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China's southern Guangdong province said it เล่นสล็อต plans to build a common data platform for the Greater Bay Area that
includes Hong Kong and Macau, and will build a data trading market in Shenzhen: Part of efforts to regulate data more
thoroughly.

Guangdong will also explore the establishment of a data "customs hub" to review and supervise data that crosses borders,
the provincial government said on a notice on its website dated Sunday (Jul 11).

The government will "promote the circulation and sharing of data between Guangdong, Hong Kong and Macau and the use
of data to benefit industrial development, social governance and services for the people", the statement said.

Authorities will also strengthen oversight of data transactions and speed up the introduction of legislation for the digital
economy, the Guangdong statement said.

It was not immediately clear what types of data would be traded in Shenzhen.

Data regulation, particularly cybersecurity relating to Chinese companies listing or listed in the United States, has become
a major focus for Chinese authorities this month with a raft of new measures and initiatives announced.