Zhejiang province approves China's first local law focusing on the digital economy
8:30 AM MYT The legislation was hailed by tech leaders as a milestone for the ‘governing the digital industry according to the law’. Zhejiang’s new regulations come amid a countrywide focus on data and digital infrastructure. — SCMP Legislators in China’s eastern Zhejiang province, home to tech giants like Alibaba Group Holding and NetEase, have introduced regulations dedicated to the development of the digital economy in the first such regional law for the burgeoning industry. Titled “Regulations of Zhejiang Province on Promoting Digital Economy”, the document lays out guidelin...