1、Data security:Safeguarding High-quality Development of the Digital EconomyNovember 2024 is finalised and will take effect January 1,20252 2024 KPMG Huazhen LLP,a Peoples Republic of China partnership,KPMG Advisory(China)Limited,a limited liability company in Chinese Mainland,member firm of the KPMG

2、global organisation of independent member firms affiliated with KPMG International Limited,a private English company limited by guarantee.All rights reserved.Document Classification:PublicEnhancement of data security capabilities is a fundamental compliance obligation and a timely move to maintain c

3、ompetitiveness in the digital era“Enhance data security capabilities,establish a fundamental system for data classification and grading protection,and improve the work system for network data monitoring,early warning,and emergency response.”-,2023,by the Central Committee of the Communist Party of C

4、hina and the State Council Enhancing data security capabilities is a fundamental compliance obligationData security management is undergoing a gradual shift from legislation to practice.Currently,the regulatory framework for personal information protection has become increasingly comprehensive,which

5、 has also promoted the standardization and systematization of data security management.The identification and protection of key data,as well as the exploration of flexible and convenient cross-border data regulatory mechanisms,are also continuously advancing.Businesses must remain vigilant and activ

6、ely ensure compliance.Data security is the driving force and foundation of technological innovationAs emerging technologies such as big data,artificial intelligence,and blockchain become more widely used,enterprises are facing new security challenges.To maintain seamless technological innovation,it