Is China really opening up big data?

中国是否真正放开大数据

| BY

Katherine Jo &clp articles

While Premier Li pledged to liberalize big data, cloud and e-commerce to draw foreign investors, practitioners flagged regulatory ownership restrictions and security controls as major obstacles. 虽然李克强总理承诺放开大数据、云和电子商务以吸引外国投资者，但从业者仍将监管所有权限制和审查控制视为主要阻碍。

Premier Li Keqiang's recent statement that China will create a more transparent and equal market to attract overseas investment in big data and e-commerce has sparked skepticism among lawyers, with some saying that it's unlikely existing restrictions will be lifted far enough to lure any significant foreign ownership.

They pointed to a 50% non-Chinese equity control cap in the sector as well as overarching national and cybersecurity requirements.

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