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China will create a single supervisory authority for data management

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China will create a single supervisory authority for data management

The new department will carry out the work of several services and control the exchange of information in the country.

Edition of The Wall Street Journal stated that China plans to centralize the management of large data warehouses to ensure the security of information in companies and streamline the regulatory structure. A new government agency will be responsible for data management.

The new agency should become the regulator for matters related to personal data. It will replace several existing oversight bodies (China Cyberspace Authority, Ministry of Industry and Information Technology, National Development and Reform Commission). The plan to create the department is likely to be discussed at the next session of the National People’s Congress on March 13.

The agency will decide on the export of data obtained from operations in China by multinational companies. The Agency will also monitor compliance with the rules for the collection and exchange of information by enterprises. For example, the agency may prohibit companies from collecting certain types of customer data or checking information that Chinese companies intend to share with foreign business partners, as well as identify violations that threaten national security.

In addition, the new regulator will address issues in the digital realm, including the use of algorithms to manipulate data. The authority will also identify security vulnerabilities that can be exploited by hackers.

The new agency will receive the same status as the State Antimonopoly Bureau. In 2021, the bureau gained access to the resources of various government agencies for a more thorough study of mergers and acquisitions. Tech company officials fear the new agency will stifle innovation in China’s already volatile tech sector.



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