China Arab TV:
Recently, the Cyberspace Administration of China released several draft regulations on cybersecurity, notably the Data Security Administrative Measures and the Measures for Security Assessment of Personal Information Outbound Transfer. Some foreign companies are concerned about such moves. They are worried that this will lead to higher market barriers, raising uncertainties and operational costs accordingly, thereby putting themselves at a disadvantage. What's your comment on this issue? Thank you.
Liu Liehong:
Thank you for your question. A short while back, the Cyberspace Administration of China released the draft Cybersecurity Review Measures, draft Data Security Administrative Measures, and draft Measures for Security Assessment of Personal Information Outbound Transfer for public comments. It is necessary to introduce these regulations in order to put the Cybersecurity Law into effect. It is also urgently needed to maintain national cybersecurity and to carry out the necessary work on this issue. In view of the drafting process, these documents have fully respected and adopted the comments and suggestions from all sectors, and the procedures are in line with the WTO rules. The requirements of these documents are not targeted toward any country or region, and treat domestic and foreign products and services equally, with no difference for any country. Thank you.