Politics
China to ask to join digital economy partnership agreement: Xi, East Asia News & Top Stories
ROME (BLOOMBERG) – China will apply to join the Digital Economy Partnership Agreement, which currently covers Singapore, New Zealand and Chile, to strengthen international cooperation on digital regulation, President Xi said Jinping.
“China attaches great importance to international cooperation on the digital economy,” Xi said in a virtual speech at the Group of 20 leaders’ summit in Rome.
“China is ready to work with all parties for the healthy and orderly development of the digital economy.”
Xi called on countries to discuss and develop international digital governance rules that respect the interests of all parties and promote an open, fair and non-discriminatory environment for digital development.
China has already proposed a set of rules designed to prevent foreign governments from acquiring locally stored data, as part of its attempts to establish global standards for the digital sphere. At the same time, the United States has also stepped up efforts to restrict Chinese companies ‘access to Americans’ private data, which could reshape the global economy for decades to come.
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