October 25 2021

Beijing Unveils 20 Measures to Promote High Quality Development of Digital Trade

Source: Beijing Municipal Commerce Bureau

Five departments in Beijing, including the Bureau of Commerce and the Bureau of Finance, recently released the Measures for Promoting High Quality Development of Digital Trade in Beijing. The document proposes to adopt such measures as building digital trade service platforms, promoting cross-border data flow, and consolidating the industrial foundation of data trade.

In terms of promoting cross-border data flow, the document proposes to draft data classification standards and important data catalogue in the key fields of intelligent connected vehicles and information technology, seek national support and municipal participation in the security evaluation of cross-border data transmission, and establish and optimize the regulatory mechanism on security evaluation of cross-border data transmission.

Source: Beijing Municipal Commerce Bureau