China has announced a relaxation of its security review rules for certain data exports, exempting data involved in international trade and other activities from declaration requirements. This move, reported by sources including Reuters, Yahoo Finance, and Bloomberg, comes after pressure from businesses and aims to ease cross-border data rules. The country's cybersecurity regulator issued new regulations on Friday to facilitate and standardize the cross-border flow of data, narrowing the scope of security reviews to address concerns from foreign businesses. Additionally, Premier Li Qiang has indicated plans for new rules on market access and data flows, signaling a readiness to remove barriers for foreign companies after business pressure.