🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

China lists mobile app stores that comply with new rule, but Apple missing

Published 09/27/2023, 01:09 AM
Updated 09/27/2023, 04:47 PM
© Reuters. FILE PHOTO: People wearing protective masks look at phones at an electronic retailer in Beijing, China March 25, 2020. REUTERS/Thomas Peter/File Photo
BIDU
-
005930
-
0700
-
XIACF
-

By Josh Ye

HONG KONG (Reuters) -China's cyberspace regulator released on Wednesday names of the first batch of mobile app stores that have completed filing business details to regulators, signalling it has begun to enforce new rules that expand its oversight of mobile apps.

A total of 26 app stores operated by companies including Tencent, Huawei, Ant Group, Baidu (NASDAQ:BIDU), Xiaomi (OTC:XIACF) and Samsung (KS:005930) have submitted filings to the authority, according to the Cyberspace Administration of China (CAC).

Apple (NASDAQ:AAPL)'s App Store is not among the app stores on the list. Apple did not immediately respond to Reuters' request for comment.

Beijing has been expanding oversight of smartphone and mobile app usage over the past several years. The country now requires mobile app stores and mobile apps to submit business details to the government.

These rules are causing consternation in the industry that publishing apps in the world's second largest economy will become very difficult and many apps may need to be taken down.

Beijing's push to tighten scrutiny over apps came into focus when in June last year the CAC issued a new rule requiring app stores to submit business details and said it would hold app stores accountable if apps contain illegal content.

In August this year, the Ministry of Industry and Information Technology published another notice requiring mobile apps to complete filing by the end of March.

© Reuters. A man looks at a phone under surveillance cameras on a street, in Shanghai, China September 27, 2023. REUTERS/Aly Song

Earlier this month, Reuters reported that app stores operated by companies including Tencent and Huawei have started demanding apps on their app stores comply with the new rules.

Apple has not disclosed how its app store in China will comply with Beijing’s new rules. Experts said Apple's compliance could lead to tens of thousands of apps being removed from Apple's App Store in China.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.