Chinese authorities have released new regulations to classify data based on the level of importance and risk to national security and overseas interests a month after the Data Security Law (DSL) took effect, in a move that could give much needed clarity to foreign-listed companies and others required to transfer potentially sensitive information abroad.
Industrial and telecoms data handled by companies in China will be categorized into “core data,” “important data” and “ordinary data,” according to draft regulations published last week by the Ministry of Industry and Information Technology (MIIT), which shares jurisdiction over the nation’s rapidly growing internet and information technology sectors.
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