SHENZHEN, China : China's state planner has given its blessing for the southern city of Shenzhen to pursue reforms in areas such as relaxed market access for cross border data trading and an electronics trading platform, guidelines published on Wednesday show.
The guidelines call on Shenzhen to develop standards for cross-border data transactions, with an eye to transfers between the Greater Bay Area, which includes Hong Kong and Macau. Shenzhen should also build an international platform for trading electronic components and integrated circuits, providing support on customs declarations and other logistical matters.
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