Shanghai on Friday released a white list to expedite cross-border data transfers for companies that operate in its pilot free-trade zone, including electric vehicle maker Tesla, providing a much-needed boost for the country’s efforts to retain and reel in more international business.
The first batch of this “general data” list, which covers 64 categories, will enable enterprises involved in intelligent connected vehicles, publicly offered funds and biopharmaceuticals to make data transfers overseas without obtaining regulatory approval, according to a WeChat post by authorities at Lingang New Area, part of Shanghai’s free-trade zone in Pudong district.
source: south China Morning post:
