China’s new Cybersecurity Law goes into effect today, June 1, but with many implementation details undecided and companies uncertain about how to comply. In the meantime, Chinese regulators are responding in part to company concerns, even if the overall policy approach remains problematic.
China Market Intelligence
China released a second draft revision of its Standardization Law on May 19 that links standards to national security, which could limit the use of foreign products and services, and endanger intellectual property (IP
China’s intellectual property (IP) protection and enforcement remains inadequate and foreign company market access barriers too strict, according to the Special 301 Report, keeping the United State’s second-largest trading partner on the US Trade Representative’s (USTR) priority watch list for another year.
The June 1 implementation of China’s Cybersecurity Law and numerous related measures should be delayed to address trade barriers, security and privacy, competition, and fairness issues, according to a May 15 letter the US-China Business Council (USCBC) submitted