Passage of China Personal Information Protection Law... Additional Regulations on Big Tech
[Asia Economy Reporter Bu Aeri] China is strengthening regulations and penalties on personal information collection.
According to Xinhua News Agency on the 20th, the Standing Committee of the 13th National People's Congress of China passed the Personal Information Protection Law draft at its 30th meeting held that day. The law will take effect from November 1.
The main point is to strengthen regulations on the collection of personal information and impose penalties for unauthorized use.
It stipulates that no organization or individual shall illegally collect, use, or process personal information, nor sell or provide it to others.
When handling personal information, there must be a legitimate purpose, and processing must be appropriate to the purpose while minimizing the impact on individual rights and interests.
Separate approval is required when collecting sensitive personal information such as biometric data, medical health, financial accounts, and movement trajectories.
Programs that illegally process personal information may have their services temporarily suspended or permanently terminated.
China explains that these regulations were prepared in response to increasing damages caused by unauthorized collection of personal information, but some interpret them as targeting big tech companies.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "I'll Stop by Starbucks Tomorrow": People Power Chungbuk Committee and Geoje Mayoral Candidate Face Criticism for Alleged 5·18 Demeaning Remarks
- Woman Experiences Eye Protrusion After 20 Years of Contraceptive Injections, Plans Lawsuit Against Major Pharmaceutical Company
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
Since the public government criticism by Alibaba founder Jack Ma in October last year, the Chinese government has been strengthening regulations on private enterprises in various fields such as private education and real estate, focusing on big tech companies.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.