"SINGAPORE -- China is set to create a new government agency to centralize the management of the country's vast stores of data, as Beijing seeks to address data-security practices by businesses and streamline its regulatory structure.
The new national data bureau is set to become the top Chinese regulator on various data-related issues, people familiar with the matter said, in a shift from the current structure in which multiple ministries share oversight.
The plan to establish the agency is expected to be discussed and approved at the National People's Congress during its annual session, which will run through March 13.
If established, the agency would rule on whether multinational companies can export data generated by their operations in China, they said. It would also set and enforce data-collection and sharing rules for businesses, they said. For instance, it could bar companies from collecting certain kinds of consumer data, or vet the data that domestic companies plan to share with foreign business partners to check for potential national security breaches, the people said.
The new regulator would also investigate various issues in the digital domain, the people said, as well as identifying data-security vulnerabilities that are prone to cyberattack.
The National People's Congress and State Council Information Office didn't respond to requests to comments." [1]
1. World News: China Set To Create An Agency For Data
Zhai, Keith. Wall Street Journal, Eastern edition; New York, N.Y. [New York, N.Y]. 07 Mar 2023: A.7.
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