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Improved digital-trade governance among China's initiatives to boost development

( November 29, 2024, 03:22 GMT | Official Statement) -- MLex Summary: China pledged to actively participate in international digital-trade rules, strengthen cooperation on artificial intelligence, Big Data, cross-border payments and beef up digital-security governance as part of initiatives to spur digital-trade reform and development unveiled by the State Cabinet and the General Office of the Communist Party's Central Committee. It will optimize and adjust the catalogue of technologies prohibited or restricted from import and export, as well as promote an open, secure, stable global supply chain for digital tech products and services. China also aims to develop data IP rules and strengthen legal protection for source codes, algorithms, encryption keys and trade secrets....

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