PBC and SAMR Sign Cooperation Memorandum of Data Sharing

Recently, the People’s Bank of China (“PBC’) and China’s State Administration for Market Regulation (“SAMR”) have signed the Cooperation Memorandum of Data Sharing (“Memorandum”).

Recently, the People’s Bank of China (“PBC’) and China’s State Administration for Market Regulation (“SAMR”) have signed the Cooperation Memorandum of Data Sharing (“Memorandum”).

This Memorandum will promote the ordered flow and the fusion application of trans-regional and trans-departmental data factors, the establishment of modern central bank system, the digital transformation of finance, the improvement of business environment, the interconnection of top-level system of finance and people’s livelihood areas, and the strengthening of data integrating and exploitation.

(Source: PBC, SAMR)

http://www.gov.cn/xinwen/2020-05/21/content_5513396.htm

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/03/pbc-and-samr-sign-cooperation-memorandum-of-data-sharing/.

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