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Xi Says China Must Speed Up Plans For Domestic Network Technology


Ron Burgundy
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China's President Xi Jinping speaks at a news conference after the closing of G20 Summit in HangzhouChina must speed up plans to replace insecure internet technology with domestic alternatives, President Xi Jinping said on Sunday, the latest indication that China is advancing policies that have raised concerns among foreign businesses. Foreign business chambers have urged Chinese officials to revise a series of new and pending regulations mandating "secure and controllable" network technologies in industries from banking to insurance, calling them vague and discriminatory. "[China] must accelerate the advancement of domestic production, indigenous and controllable substitution plans, and the building of secure and controllable information technology systems," Xi told officials at a meeting on internet development.




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