China central bank chief says it is urgent to strengthen personal data protection
FILE PHOTO: Governor of People's Bank of China (PBOC) Yi Gang attends a news conference on China's economic development ahead of the 70th anniversary of its founding, in Beijing, China September 24, 2019. REUTERS/Florence Lo
BEIJING : China's central bank chief Yi Gang said on Wednesday it is urgent to strengthen personal data protection in the financial technology (fintech) sector and data protection is high on the central bank's agenda.
China will improve the legal framework for personal data protection in the financial sector and countries should join hands to set standards for personal data protection, Yi told the Hong Kong Fintech week.
(Reporting by Beijing newsroom and Kevin Yao; Editing by Christopher Cushing)
Source: Reuters
