China’s digital economy already accounts for more than a third of total GDP, but its supporting legal system still lags behind. Photo: Reuters
China’s Communist Party
China makes new laws to regulate hi-tech sector a major priority for next five years
- Plans to overhaul legal system will include reforms to ‘overcome shortcomings’ in areas such as AI, cloud computing and online finance
- Regulations have been relatively lax until now to aid the development of the country’s digital economy
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China’s Communist Party
China’s digital economy already accounts for more than a third of total GDP, but its supporting legal system still lags behind. Photo: Reuters