Shanghai approves data transfers overseas for Lingang free-trade zone companies, including Tesla's Gigafactory, in a one-year pilot project.
Shanghai has approved data transfers overseas for companies registered in its Lingang free-trade zone, including Tesla's Shanghai Gigafactory. The city has compiled a list of data that can be transferred overseas without requiring further security assessments, as part of a one-year pilot project. This list includes data related to intelligent and connected vehicles, mutual funds, and biomedicine, and aims to attract foreign investment and boost China's sluggish economy.
May 17, 2024
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