Benchmarking International:Exploration of DEPA in the Guangdong,HK&Mac Bay Area
The high-quality evolution of the digital economy within the Guangdong,HK&Mac Bay Area not merely facilitates the establishment of an internal comprehensive circulation but also accomplishes an el-evated level of international openness,thereby realizing the synergistic enhancement of a"dual circula-tion"paradigm.Capitalizing on the Greater Bay Area's status as a vanguard zone for the comprehensive inten-sification of reforms and global integration in China's new epoch,conforming to the Digital Economy Partner-ship Agreement(DEPA)digital regulations embodies a significant historical mandate and accountability for the Bay Area.The strategic"intermediary"positioning of the Bay Area,the diversity and specificity of lo-cal legislations,and the Bay Area's anticipatory progressive development furnish substantial viable condi-tions for compliance with DEPA standards,which significantly also coerce legal innovation within the Bay Area.Nonetheless,the integration of the Greater Bay Area with DEPA digital protocols encounters intricate domestic and international elements,intrinsic limitations,and perils,especially the potential for regu-latory exclusion and discrepancies.Consequently,the Bay Area should exploit the support of avant-garde digital technologies,refine the coherence and innovative exploration of regulations for cross-border data flows,and investigate mechanisms for data security governance to surmount the challenges associated with regulatory alignment.
Digital Economy Partnership Agreement(DEPA)Guangdong、HK&Mac Bay AreaDigital RegulationsCross-Border Data Flow