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Reuters reported that the "Chinese authorities step up efforts to draft regulations to better govern data storage, data transfer, and personal data privacy."...
Reuters reported that the "Chinese authorities step up
efforts to draft regulations to better govern data storage, data
transfer, and personal data privacy." The July 12, 2021
report entitled "China drafts new cyber-security industry
plan" included these comments:
China's Ministry of Industry and Information Technology
said on Monday it has issued a draft three-year action plan to
develop the country's cyber-security industry, estimating the
sector may be worth more than 250 billion yuan ($38.6 billion) by
2023.
This a great challenge for other world Cybersecurity leading
countries.
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