Abstract:In recent years,with the enactment of the Data Security Law of the People’s Republic of China and the Personal Information Protection Law of the People’s Republic of China,China’s cross-border data transactions have gradually improved and developed. Since 2022,these transactions have shown steady growth,with the market size projected to reach 515.59 billion yuan by 2030. The development of cross-border data transactions in China is primarily driven by economic growth,technological advancements,and government policies,while being constrained by data security,privacy protection,and legal regulations. Consequently,cross-border data transactions have significant impacts on various aspects of Chinese society and economy,including employment and privacy protection. Based on these insights,the report recommends:deepening the construction of the domestic data governance system to strengthen the institutional foundation for data flow;enhancing the security supervision of data transactions to fortify the security framework for data flow;promoting data sharing and openness policies to stimulate innovation in data flow;improving data security protection capabilities to build a robust data security system;actively seeking cooperative partners to expand data application fields;and strengthening international exchanges and cooperation to standardize and regulate cross-border data transactions.
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