TechFlow news, on December 19, Xinhua News Agency reported that according to the opinions of the Central Committee of the Communist Party of China and the State Council on establishing a data foundational system to better leverage the role of data as a production factor, a mechanism for secure, compliant, and orderly cross-border data circulation should be established. The opinions emphasize international exchanges and cooperation in areas such as data exchange, business interoperability, mutual regulatory recognition, and service sharing. Efforts should advance the construction of infrastructure for cross-border digital trade, and based on the "Global Data Security Initiative," actively participate in formulating international rules and digital technology standards concerning data flows, data security, certification and assessment, and digital currencies.
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