China’s new rules on cross-border data flows send a positive signal to businesses, facilitating the high-quality development of the digital economy and helping advance high-level opening-up. The rules will also enhance the international community’s confidence in and recognition of China’s digital economic development and be beneficial for advancing China’s international cooperation and communication in the field of the digital economy.
With the continuous development of technologies such as artificial intelligence, big data and cloud computing, the digital economy has become one of the key pillars of the Chinese economy, Hong said, adding that the central leadership has maintained an open attitude toward data export.
