China Plans for Comprehensive Integration of Rules and Data Standards

03/05/2023 14:52 • Tech Ticker • 122 views

According to reports, Zhang Ying, member of the National Committee of the Chinese People’s Political Consultative Conference and deputy director of the Shanghai Municipal Commission of Economy and Information Technology, said in an interview that it was recommended to take the lead in carrying out comprehensive integration and stress testing of rules in areas such as the new area near the port of the Shanghai Pilot Free Trade Zone and setting up a pilot area for international cooperation in data integration with high standards of rules. Actively participate in the development of international rules and digital technology standards such as data flow, data security, certification and evaluation, and digital currency.

Zhang Ying, CPPCC member, actively participated in the formulation of international rules and digital technology standards such as digital currency

Interpret the above information:

The message reports on the recommendation by Zhang Ying, member of the National Committee of the Chinese People’s Political Consultative Conference and deputy director of the Shanghai Municipal Commission of Economy and Information Technology, to carry out comprehensive integration and stress testing of rules in areas such as the new area near the port of the Shanghai Pilot Free Trade Zone. Furthermore, Ying suggests setting up a pilot area for international cooperation in data integration with high standards of rules while actively participating in the development of international rules and digital technology standards such as data flow, data security, certification and evaluation, and digital currency.

It appears that China is making concerted efforts to create an environment that promotes the free flow of data while providing a high level of data security, certification, evaluation, and digital currency. A pilot area for international cooperation in data integration with high standards of rules can help facilitate and accelerate cooperation between China and other countries on data sharing and technology standards. Moreover, China’s participation in international rulemaking on data flow, data security, certification, and evaluation, and digital currency can help promote a more open, transparent, and secure digital trade environment in Asia and globally.

China’s efforts in creating an enabling environment for digital trade and technology are not only strategic but also timely. The COVID-19 pandemic has increased the importance of digital trade and the need for secure and reliable digital infrastructure. With China’s growing role as a technology leader and its ambitious Belt and Road Initiative, creating a friendly environment for digital trade can contribute significantly to the country’s economic development and regional integration.

In conclusion, China’s recommendation to take the lead in carrying out comprehensive integration and stress testing of rules in areas such as the Shanghai Pilot Free Trade Zone and setting up a pilot area for international cooperation in data integration with high standards of rules while participating in the development of international digital technology standards is a significant step towards creating an open, transparent, and secure digital trade environment. If implemented successfully, this can benefit China, the region, and the world at large.

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