Home Stock Market News China cyberspace regulator says critical data rules not aimed at firms planning overseas IPOs

China cyberspace regulator says critical data rules not aimed at firms planning overseas IPOs

China cyberspace regulator says critical data rules not aimed at firms planning overseas IPOs

China’s coming rules for protecting critical information infrastructure are not aimed at firms involved in foreign trade or those planning overseas listings, and all firms must be involved in ensuring network security, a top cyberspace regulatory official said.

Sheng Ronghua, vice minister of the Cyberspace Administration of China, made the comments at a State Council briefing,

China plans to implement the rules from Sept. 1.
Source: Reuters (Reporting by Beijing Newsroom; Writing by Brenda Goh; Editing by Andrew Heavens)

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