Core Points - The National Internet Information Office has released a draft regulation to promote and standardize the application of electronic documents, aiming to enhance the digitalization of goods trade and transportation, reduce logistics costs, and protect the legal rights of parties involved in electronic document activities [1][2] - The draft encourages institutions and enterprises in goods trade, logistics, and finance to recognize and use electronic documents, thereby improving digital application levels and promoting industry efficiency [1] - Financial institutions are encouraged to explore the use of digital RMB and innovate financial products and services based on the characteristics of electronic documents, under the premise of legal compliance and risk control [1] - The draft also promotes the use of reliable electronic document systems for activities such as issuance, storage, modification, transfer, and circulation, while emphasizing the need for risk management and process improvement by electronic document system operators [1][2] Security Measures - Electronic document system operators are required to establish robust cybersecurity measures, continuously monitor system operations, and promptly address any anomalies [2] - Operators must develop emergency response plans for cybersecurity incidents and take appropriate remedial actions while reporting to relevant authorities as per regulations [2]

Core Viewpoint - The National Internet Information Office has released a draft regulation aimed at promoting and standardizing the application of electronic documents to enhance the digitalization of goods trade and transportation, reduce logistics costs, and protect the legal rights of parties involved in electronic document activities [1][4]. Group 1: Purpose and Scope - The regulation aims to improve the digital level of goods trade and transportation, lower logistics costs, and safeguard the legal rights of parties involved in electronic document activities [4]. - Electronic documents are defined as data messages that prove legal relationships in goods transportation, storage, and insurance, including various types of electronic bills and certificates [4]. - The regulation emphasizes the importance of a reliable electronic document system that provides technical services for receiving, storing, and sending electronic document information [4]. Group 2: Promotion of Electronic Document Application - The regulation encourages institutions and enterprises in goods trade, logistics, and finance to recognize and use electronic documents to enhance digital business applications [7]. - Financial institutions are encouraged to explore new payment methods, such as digital currency, for cross-border payments based on the characteristics of electronic documents [7]. - The regulation promotes collaboration among enterprises, research institutions, and public service organizations in the innovation and application of electronic document technology [7]. Group 3: Reliability and Security of Electronic Document Systems - The regulation outlines the necessary functions for a reliable electronic document system, including traceability, non-tampering, and the ability to identify issuers [11]. - It encourages operators of electronic document systems to apply for reliability certification and to strengthen risk management and business processes [17]. - The regulation mandates compliance with national security standards and the establishment of emergency response plans for network security incidents [14][17]. Group 4: Supervision and Legal Responsibilities - The regulation establishes that relevant authorities will supervise the construction and operation of electronic document systems and businesses [17]. - Violations of the regulation may result in penalties according to various laws, including the Electronic Signature Law and the Cybersecurity Law [17].