China to pursue digital trade expansion under new five-year plan as cross-border data flow restrictions remain in place

//China to pursue digital trade expansion under new five-year plan as cross-border data flow restrictions remain in place

China to pursue digital trade expansion under new five-year plan as cross-border data flow restrictions remain in place

China is seeking to step up development of digital trade, a segment that is shaping into an integral part of the economy, amid questions that this effort might be impeded by the country’s restrictions on cross-border data flows.That plan was set out by the Ministry of Commerce (Mofcom) under its 14th five-year plan for trade in services, which was published on Tuesday. The agency pledged to support the trade of digital products, to foster a good environment for digital products to go overseas,…

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By | 2021-10-21T14:00:25+00:00 October 21st, 2021|Technology|Comments Off on China to pursue digital trade expansion under new five-year plan as cross-border data flow restrictions remain in place