“Beforehand, the requirements for cross-border knowledge move had been notably obscure. Nevertheless, the most recent regulation has successfully addressed the regulatory uncertainties surrounding particular enterprise situations for higher implementation,” John Dong, lawyer at Shanghai-based Joint-win Companions, mentioned. “The essential side lies in its means to comparatively alleviate considerations amongst each Chinese language and international enterprises relating to cross-border knowledge export compliance, finally resulting in a discount in related compliance prices.”
