Hashtag
The Times Real Estate

Beijing E-Town Completes the City's First Negative List Filing for Cross-Border Data Transfers

BEIJING, CHINA - Media OutReach Newswire - 18 September 2024 - The 2024 China International Fair for Trade in Services is currently underway in Beijing. On September 13, Beijing Economic-Technological Development Area (Beijing E-Town, or BDA) announced that Bayer Healthcare Company Limited successfully completed the negative list filing for cross-border data transfers in the High-End Industrial Section of Beijing E-Town's Pilot Free Trade Zone.

As of September 11, Bayer has become the first enterprise in the city to achieve compliant cross-border data transfers under the Free Trade Zone's negative list policy.

Bayer Healthcare Company Limited successfully completed the negative list filing for cross-border data transfers in the High-End Industrial Section of Beijing E-Town’s Pilot Free Trade Zone.
Bayer Healthcare Company Limited successfully completed the negative list filing for cross-border data transfers in the High-End Industrial Section of Beijing E-Town’s Pilot Free Trade Zone.

"We submitted the negative list filing based on our business needs, and it took only five business days from submission to receiving the approval. Compared to the previous compliance requirements before the negative list policy was introduced, the new process has significantly simplified the application and review procedures," said a representative from Bayer Healthcare Company Limited, praising the convenience that the negative list policy has brought to the company. "Completing the negative list filing for cross-border data transfers has streamlined the necessary procedures, solving the compliance challenges we faced and ensuring the smooth operation of our business. This allows us to bring innovative medicines and treatment solutions to patients in China more quickly, contributing to national strategies such as Healthy China and high-quality development."

An official from the BDA explained that after the release of the Measures for the Facilitation of Cross-Border Data Flows in Beijing, Beijing E-Town was the first to issue a document for implementing the city's negative list policy for cross-border data transfers. This document, titled Implementation Opinions on the Negative List for Cross-Border Data Transfers in the E-Town Section of the China (Beijing) Pilot Free Trade Zone's High-End Industrial Zone, supports enterprises in the Free Trade Zone by enabling them to carry out cross-border data transfers under the negative list. It also reinforces the responsibility of data processors as the primary entities responsible for cross-border data transfers and establishes a closed-loop supervision mechanism, which includes periodic reporting, spot checks, and inspections. The initiative is designed to achieve four key outcomes: a comprehensive cross-border data transfer negative list, data management measures, a data services system, and exemplary case studies aligned with Beijing E-Town's industrial development needs.

Furthermore, the Beijing Cross-Border Data Services Center (BDA Service Station) recently began operations at the Xinchuang Park in E-Town. As one of the first four data service centers in Beijing, this service station provides enterprises with one-stop services, including policy consultation, application submission, filing evaluation, supervision, and technical support for the negative list on cross-border data transfers.

The BDA official added, "Moving forward, we will leverage the service station to conduct research on the enterprises' needs related to the negative list, helping more companies complete their filings. Additionally, we will enhance supervision, risk prevention, and other related work to regulate and promote the orderly flow of cross-border data in practice. This will further improve the management capabilities and convenience of cross-border data transfers for E-Town-based enterprises."



Hashtag: #2024ChinaInternationalFairforTradeinServices

The issuer is solely responsible for the content of this announcement.

Business News

CUHK Faculty of Science: Home to Nobel Laureates and Next-Generation Breakthroughs

HONG KONG SAR - Media OutReach Newswire – 12 March 2025 - Since its establishment in 1963, The Chinese University of Hong Kong's Faculty of Science (CUHK Science) has emerged as a global powerhouse ...

Hashtag.net.au - avatar Hashtag.net.au

New Book Challenges Traditional Hypertension Treatments: Case Study Reveals Breakthrough Approach

"Eradicating Hypertension" Explores How Oxygen Intake and Breathing Optimization Can Transform Blood Pressure Management NEW YORK, USA - Media OutReach Newswire - 10 March 2025 - Hypertension remains...

Hashtag.net.au - avatar Hashtag.net.au

Uzbekistan’s Sellers Post Record Sales Growth on Wildberries Marketplace

MOSCOW, RUSSIA - Media OutReach Newswire - 12 March 2025 - Wildberries, a leading e-commerce platform in Eurasia, saw record sales growth in products from Uzbekistan-based sellers, led by surging dem...

Hashtag.net.au - avatar Hashtag.net.au

Creo Solutions to Launch Booya, an OLP to Expand Financial Inclusion in Mexico

MEXICO CITY, MEXICO - Media OutReach Newswire - 11 March 2025 - Mexican fintech company Creo Solutions is set to launch Booya, a new online lending platform designed to serve the country's underbanke...

Hashtag.net.au - avatar Hashtag.net.au

China’s "Two Sessions" 2025 Government Policy Outlook Indicates Renewed Opportunities for Commercial Real Estate

Cushman & Wakefield Interpretation Report Highlights Five Areas of Opportunity for Real Estate Sectors HONG KONG SAR - Media OutReach Newswire - 12 March 2025 - Global real estate services firm C...

Hashtag.net.au - avatar Hashtag.net.au

James Dyson Award 2025 seeks groundbreaking inventions from young engineers and scientists

HONG KONG SAR - Media OutReach Newswire – 12 March 2025 - The James Dyson Award, an international student design and engineering competition, opens for submissions today to its 2025 programme in 28 ...

Hashtag.net.au - avatar Hashtag.net.au

Health & Wellness

The Importance of Having a Defibrillator in Public Spaces

Hashtag.net.au - avatar Hashtag.net.au

Life is uncertain! It is almost impossible to be 100% sure of the future, anything can happen to anyone at any time. However, in the case of Sudden Cardiac Arrests (SCA), the presence of an Automat...

Understanding Anxiety: Different Types and Treatment Options

Hashtag.net.au - avatar Hashtag.net.au

(Source) Every person experiences anxiety in some form as they face either pre-event heart palpitations before important events or constant sleep deprivation because of ongoing concerns. People exp...

How Technology Is Improving Community Support Services?

Hashtag.net.au - avatar Hashtag.net.au

(Source) Technology is literally a part of our everyday lives. Everything we do is highly dependent on technology in this day and age. The interesting part is that not just the younger generations ...