数字经济周报（202504第3期）：金融业数据跨境流动规则指南出台-20250422

Group 1: Regulatory Developments - The People's Bank of China and five other departments issued the "Guidelines for Promoting and Regulating Cross-Border Data Flow in the Financial Sector," aiming to enhance the efficiency and standardization of cross-border data flow for financial institutions[2] - The guidelines specify 47 financial business scenarios exempt from cross-border data security assessments, facilitating smoother data movement[25] - As of May 2023, over 70 countries have regulations on cross-border data flow, leading to the emergence of "data islands" and complicating global data resource allocation[16] Group 2: Market Insights - The financial sector is data-intensive, with a data transaction scale exceeding 30 billion yuan in 2022, accounting for approximately 35% of the overall market[24] - The guidelines are expected to activate cross-border data flow, benefiting both domestic and foreign financial institutions and enhancing the stability of the financial market[25] - The "1+3+N" regulatory framework for cross-border data flow in China includes the National Security Law and three key laws, establishing a multi-dimensional regulatory system[17] Group 3: Economic Context - Data is recognized as a fundamental production factor, alongside land, labor, capital, and technology, crucial for economic development and technological innovation[15] - The guidelines are part of China's broader strategy to adapt to high-level opening-up and security needs in the digital economy[17] - The rapid growth of cross-border data flow demand in the financial sector is accompanied by rising security risks, necessitating clear regulatory frameworks[24]