Chinas global data security initiative and its international implications.

Earlier this month, Chinese State Councilor and Foreign Minister Wang Yi stated a new drive to set global standards on data security. The Chinese government's Global Data Security Initiative was excited to set new rules for inter-government network governance and to maintain an open and honest business condition for the digital economy.

Chinas initiative has eight principal points including not using technology to destroy other countries decisive infrastructure or steal data, and making sure service providers dont place backdoors in their goods and illegally gather user data.

Wang declared that although countries differed in their national health and developing stage of the internet, they need to strengthen pragmatic cooperation, build up mutual trust, and increase cooperation with one another rather than attempting unilateralism in the name of social security.

The initiative comes as the U.S. resumes to put pressure on Chinas biggest technology firms and convince nations throughout the world to block them. We have not and will not ask Chinese businesses to transfer data across to the party in breach of other nations laws, Wang confirmed.

Organizations like Huawei have already established that it will never install backdoors in its goods or services, or illegally collect user data. Huawei has further urged governments and stakeholders to work jointly with each other based on this initiative to encourage dialogue and collaboration on issues related to technical standards and common rules and establish unified security and technical standards.