Overall the 2020 Specification will not lead to drastic changes on how companies process personal information in China, though it provides a good indication of where the authorities are looking at: a digital economy that is keener on protecting personal information and promoting trust through a more regulated personal information protection framework.
The successive regulatory policies aim to further relieve policy constraints, achieve equal treatment for domestic and foreign investors in China, and thus accelerate the opening-up of the trust industry to foreign financial institutions and attract them to enter the market or increase investment.
Based on the regulations and practices, we are going to review on the regulatory framework for internet healthcare and try to look forward to the further development after the outbreak of COVID-19. This article is the first part on the topic of the current regulatory framework for ‘‘Internet Plus’ healthcare in China.
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