Nov 29, 2021 03:19 PM (GMT+8) · EqualOcean
Financial Associated Press, November 29 - the "Shanghai data regulations" was officially announced and will come into force on January 1, 2022. The regulations propose to support the high-level reform and opening up of Pudong New Area, build a leading area for socialist modernization, and promote the formulation of standards and system construction such as data ownership definition, opening and sharing, transaction circulation and supervision and management; Support Pudong New Area to explore the establishment of data sharing and use mechanism with relevant national departments such as customs, statistics, taxation, the people's Bank of China and China Banking and Insurance Regulatory Commission, so as to realize real-time sharing of relevant public data in Pudong New Area. In accordance with national requirements, this Municipality has established and operated a data exchange in Pudong New Area, which encourages and guides market entities to trade through the data exchange according to law. In accordance with relevant national requirements, the city has taken measures to support Pudong New Area in cultivating international data industry and introducing relevant enterprises and projects.