Shanghai Free-Trade Zone Facilitates Overseas Data Transfers for Tesla and Companies with Updated White List
Friday, 17 May 2024, 13:06
Shanghai's Free-Trade Zone Enhances Data Transfer Efficiency
The introduction of a 'general data' white list in Shanghai's free-trade zone has streamlined overseas data transfers for eligible companies. This initiative, which covers 64 categories, including those relevant to Tesla, removes the need for a security assessment before transferring data internationally.
Key Benefits:
- Efficiency Boost: Eligible firms can swiftly transfer data overseas, promoting operational efficiency.
- Regulatory Facilitation: The white list simplifies the process and alleviates regulatory burdens for companies.
- Enhanced Global Business: The initiative fosters smoother international business transactions and partnerships.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.