Media & Telecom

China to strengthen anti-trust regulatory powers - state media

1 minute read

BEIJING, March 15 (Reuters) - China will strengthen anti-trust regulatory powers to push forward healthy, sustainable development of internet platforms, state CCTV television quoted President Xi Jinping as saying at a regular top-level economic meeting on Monday.

China will improve the making of laws and regulations over internet platform companies to "fill in the gaps and loopholes in rules" to step up regulatory framework design on data ownership. It will also urge internet platforms to enhance their responsibility on data security, according to the report.

China will also enhance the authority of regulators, and include all financial activities into financial regulation, it said.

Register now for FREE unlimited access to Reuters.com
Reporting by Cheng Leng and Kevin Yao; Editing by Catherine Evans and Ed Osmond

Our Standards: The Thomson Reuters Trust Principles.

More from Reuters