China Orders Tech Giants to Boost Data Security Protections

China Orders Tech Giants to Boost Data Security Protections

(Bloomberg) -- China ordered 12 internet giants including Alibaba Group Holding Ltd. and Tencent Holdings Ltd. to step up data security protections, including the exporting of key information.

The companies, including Meituan, Xiaomi Corp., ByteDance Ltd. and Ant Group Co., were summoned to a meeting Wednesday by the Internet Society of China, on behalf of the Ministry of Industry and Information Technology. The firms were asked to ensure that they establish data security management systems and appoint personnel responsible for data security, as well as strengthen oversight of how important information is exported, according to a statement Friday.