{"id":133347,"date":"2024-08-29T09:20:27","date_gmt":"2024-08-29T06:20:27","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/trade-boost-hope-from-mechanism-for-eu-china-cross-border-data-flows\/"},"modified":"2024-08-29T09:20:27","modified_gmt":"2024-08-29T06:20:27","slug":"trade-boost-hope-from-mechanism-for-eu-china-cross-border-data-flows","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/trade-boost-hope-from-mechanism-for-eu-china-cross-border-data-flows\/","title":{"rendered":"Trade boost hope from mechanism for EU, China cross-border data flows"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/133347\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>The EU and China launched first discussions Tuesday under a communication mechanism intended to facilitate cross-border transfers of non-personal data for European businesses. The Cross-Border Data Flow Communication Mechanism is a deliverable of a political agreement reached in 2023 aimed at finding ways to facilitate cross-border transfers of non-personal data for European businesses, as well as their compliance with Chinese data laws.<\/p>\n<p>At the inaugural formal meeting of the new Mechanism &#8211; the first cooperation structure of its kind between the two sides \u2013 the EU expressed its objective of addressing concrete concerns raised by EU businesses in China regarding cross-border flows of non-personal data.<\/p>\n<p>Data flows are essential to trade. A significant part of the EU-China foreign direct investment stock depends on companies&#8217; ability to manage their data across borders. This is particularly relevant for sectors such as finance and insurance, pharma, automotive and information and communication technology (ICT). Cross-border data flows are key for research &amp; development activities, and essential for business to thrive.<\/p>\n<p>In recent years, European businesses in China have faced increasing uncertainty and difficulties to export data from China. They have been specifically concerned about the systematic application of security approvals to exports of all &#8216;important data&#8217;, following the 2022 adoption of the law on Measures for Data Export Security Assessment. This concern has been further exacerbated by uncertainty as to what constitutes &#8216;important data&#8217; as the concept has so far been only vaguely defined and applied in a far-reaching manner. Cross-border data transfer restrictions are also a major contributing factor to a declining confidence of European investors in China.<\/p>\n<p>Further engagement is foreseen at expert and technical levels with a view to review progress at the political level at the next appropriate occasion.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.eubusiness.com\/news-eu\/trade-eu-china-cross-border-data-flows\/\">EUbusiness<\/a><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/vaufien\/trade-boost-hope-from-mechanism-for-eu-china-cross-border-data-flows\/\">Trade boost hope from mechanism for EU, China cross-border data flows<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[758,274,15893,606,607,608],"class_list":["post-133347","post","type-post","status-publish","format-standard","hentry","category-news","tag-china","tag-eu","tag-non-personal-data","tag-vau_viikkokatsaus","tag-vauen","tag-vaufien"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/133347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=133347"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/133347\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=133347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=133347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=133347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}