China to Issue New Regulations on Market Access and Cross-Border Data Flows

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China,Market Access,Cross-Border Data Flows

China's Premier Li Qiang announced that the country will carefully study issues of market access and cross-border data flows and will soon issue new regulations in these areas. He also emphasized China's openness to foreign investment and its focus on developing emerging industries such as biological manufacturing and artificial intelligence.

China will carefully study issues of market access and cross-border data flows and will soon issue new regulations in these areas, Premier Li Qiang told an audience of global CEOs and Chinese policymakers today. “We cordially welcome companies from all countries to invest in China and deepen their foothold in China,” Li said.

China is also pushing to develop emerging industries such as biological manufacturing and will step up development of artificial intelligence and the data economy, Li told the China Development Forum in Beijing

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