A person sells commodities to overseas customers by way of livestream on the Ganzhou Worldwide Inland Port in east China’s Jiangxi province. (Folks’s Every day On-line/Zhu Haipeng)
Knowledge is a brand new sort of manufacturing issue within the period of digital financial system. As an vital hyperlink of digital financial system, the cross-border circulation of knowledge has developed right into a basis for the alternate and sharing of worldwide capital, data, expertise, expertise and items.
Not too long ago, China has made new progress in worldwide cooperation on the cross-border circulation of knowledge. It signed with Germany a memorandum of understanding on cross-border information circulation, and had exchanges with Singapore on related cooperation on the inaugural assembly of a bilateral digital coverage dialogue mechanism.
Such collaboration marked a optimistic sign of China selling worldwide cooperation on the cross-border circulation of knowledge. Lately, the nation has been advocating secure and orderly cross-border circulation of knowledge, working with all related events to construct an open and win-win worldwide cooperation within the information subject.
Zhang Pengyang, a professor with the School of Economics and Administration, Beijing College of Know-how, mentioned that China has enacted a sequence of legal guidelines to cement the authorized basis for the cross-border circulation of knowledge, together with these on cybersecurity, information safety and the safety of private data.
In addition to, the nation has been consistently optimizing its enterprise surroundings and standardizing the administration of cross-border information circulation, in order to raised facilitate overseas enterprises, Zhang mentioned, including that this demonstrated China’s decision and confidence in opening up.
China additionally participates within the making of related worldwide guidelines, Zhang famous. It has signed the Regional Complete Financial Partnership settlement, and is working to align itself with the high-standard financial and commerce guidelines of the Complete and Progressive Settlement for Trans-Pacific Partnership and the Digital Economic system Partnership Settlement.
Moreover, China and another nations and areas have signed bilateral and multilateral agreements on cross-border information circulation.
On the border between China and Laos, specialised information that guarantee cross-border railway transport are transmitted by way of data networks, enabling finish customers to function of their respective techniques and thus guaranteeing the sleek operation of the China-Laos Railway.
Affected person therapy information from a medical information analysis platform at Beijing Friendship Hospital affiliated with Capital Medical College, are securely processed and transmitted midway throughout the globe to the Tutorial Medical Middle, College of Amsterdam, in a bid to help joint analysis efforts between Chinese language and Dutch medical specialists.
In the present day, overseas purchasers can browse and acquire related details about Chinese language suppliers with just a few clicks on their mouse on Chinese language e-commerce platforms.
Such cross-border circulation of knowledge will develop into much more energetic as China deepens its cooperation and exchanges with different nations in varied fields.
At current, the cross-border circulation of knowledge has develop into a brand new driver for world progress. It’s anticipated to contribute $11 trillion to world GDP by 2025, in accordance with a McKinsey & Firm report.
The World Digital Economic system Convention 2024 kicks off in Beijing on July 2, 2024. Photograph reveals guests studying about sci-tech industrial companies at an immersive expertise zone of the occasion. (Folks’s Every day On-line/Chen Xiaogen)
“The cross-border circulation of knowledge is essential for supporting worldwide commerce actions, world scientific and technological cooperation, and the sharing of knowledge sources worldwide. It requires worldwide cooperation and sharing to advertise the secure and orderly cross-border circulation of knowledge,” Zhang mentioned.
Zhang believes that China’s proposals and actions to advertise such worldwide cooperation would assist world commerce transit from commodity commerce to digital commerce and open up extra alternatives for worldwide cooperation on science and expertise, tradition, training and extra fields.
In addition to, these proposals and actions would enhance China’s institutional opening up, additional optimize the nation’s enterprise surroundings, increase the worth of knowledge, totally launch the potential of knowledge issue, stimulate enterprises’ ardour for innovation, and eventually promote regional and even world financial progress, Zhang added.
Nevertheless, as information are extraordinarily replicable and non-exclusive, the cross-border circulation of knowledge comes with a sequence of safety issues, bringing challenges to information sovereignty, privateness safety and even nationwide safety.
In accordance with statistics, as of Might 2023, greater than 70 nations and areas had formulated rules on the cross-border circulation of knowledge, and greater than 180 regional commerce agreements newly added particular articles or phrases associated to digital commerce, together with the cross-border circulation of knowledge.
In September 2020, China proposed the World Initiative on Knowledge Safety, calling on nations to foster an open, honest and non-discriminatory enterprise surroundings for mutual profit, win-win outcomes and customary growth.
Zhang mentioned the World Initiative on Knowledge Safety stresses that nations ought to respect the sovereignty, jurisdiction and governance of knowledge of different nations, and collectively safeguard the safety and order of the worldwide information circulation. They need to not solely give attention to their very own information safety, but in addition respect different nations’ guidelines on cross-border information circulation.
This initiative demonstrates China’s sense of accountability in world digital governance, and can inject new vitality into constructing a good, inclusive and environment friendly world digital governance system, Zhang added.