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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1629434479,"share":"https://ttm.financial/m/news/2160792084?lang=&edition=full","pubTime":"2021-08-20 12:41","market":"sh","language":"en","title":"China passes new personal data privacy law, to take effect Nov. 1","url":"https://stock-news.laohu8.com/highlight/detail?id=2160792084","media":"Reuters","summary":"SHANGHAI, Aug 20 (Reuters) - China's National People's Congress on Friday officially passed a law de","content":"<p>SHANGHAI, Aug 20 (Reuters) - China's National People's Congress on Friday officially passed a law designed to protect online user data privacy and will implement the policy starting November 1, according to state-media outlet Xinhua.</p>\n<p>The law's passage completes another pillar 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina passes new personal data privacy law, to take effect Nov. 1\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-20 12:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, Aug 20 (Reuters) - China's National People's Congress on Friday officially passed a law designed to protect online user data privacy and will implement the policy starting November 1, according to state-media outlet Xinhua.</p>\n<p>The law's passage completes another pillar in the country's efforts to regulate cyberspace and is expected to add more compliance requirements for companies in the country.</p>\n<p>The law states that handling of personal information must have clear and reasonable purpose and shall be limited to the \"minimum scope necessary to achieve the goals of handling\" data.</p>\n<p>It also lays out conditions for which companies can collect personal data, including obtaining an individual's consent, as well as laying out guidelines for ensuring data protection when data is transferred outside the country.</p>\n<p>The law also calls for handlers of personal information to designate an individual in charge of personal information protection, and calls for handlers to conduct periodic audits to ensure compliance with the law.</p>\n<p>The second draft of the Personal Information Protection law was released publicly in late April.</p>\n<p>The Personal Information Protection Law, along with the Data Security Law，mark two major regulations set to govern China's internet in the future.</p>\n<p>The Data Security law, to be implemented on September 1, sets a framework for companies to classify data based on its economic value and relevance to China's national security.</p>\n<p>The Personal Information Protection Law, meanwhile, recalls Europe's GDPR in setting a framework to ensure user privacy.</p>\n<p>Both laws will require companies in China to examine their data storage and processing practices to ensure they are compliant, according to experts.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数","DIDI":"滴滴(已退市)"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160792084","content_text":"SHANGHAI, Aug 20 (Reuters) - China's National People's Congress on Friday officially passed a law designed to protect online user data privacy and will implement the policy starting November 1, according to state-media outlet Xinhua.\nThe law's passage completes another pillar in the country's efforts to regulate cyberspace and is expected to add more compliance requirements for companies in the country.\nThe law states that handling of personal information must have clear and reasonable purpose and shall be limited to the \"minimum scope necessary to achieve the goals of handling\" data.\nIt also lays out conditions for which companies can collect personal data, including obtaining an individual's consent, as well as laying out guidelines for ensuring data protection when data is transferred outside the country.\nThe law also calls for handlers of personal information to designate an individual in charge of personal information protection, and calls for handlers to conduct periodic audits to ensure compliance with the law.\nThe second draft of the Personal Information Protection law was released publicly in late April.\nThe Personal Information Protection Law, along with the Data Security Law，mark two major regulations set to govern China's internet in the future.\nThe Data Security law, to be implemented on September 1, sets a framework for companies to classify data based on its economic value and relevance to China's national security.\nThe Personal Information Protection Law, meanwhile, recalls Europe's GDPR in setting a framework to ensure user privacy.\nBoth laws will require companies in China to examine their data storage and processing practices to ensure 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