China updates security rules for for cross-border data transfers

25/03/2024 | Reuters

The Cyberspace Administration of China (CAC) has announced new rules to regulate cross-border data flows and reporting standards for security assessments of important data exports. According to the CAC, data collected and generated in activities such as international trade and cross-border transportation that do not contain personal information or "important data" will be exempt from declaration. The new rules ease compliance burdens for foreign firms in China, but multinationals operating in sensitive areas still face difficult questions about important data. The rules will take effect from Friday and finalise a proposed relaxation of some data export rules issued last year.

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