PHOTO FILE: Signboard over China Cyberspace Administration (CAC) office seen in Beijing, China, July 8, 2021 REUTERS / Thomas Peter //

March 10, 2022

SHANGHAI (Reuters) – China’s cyberspace regulator said on Thursday that its campaign to “clean up” the country’s cyberspace had achieved positive results and that “chaos on the Internet” on the country’s Internet platforms had been effectively stopped.

The Chinese Cyberspace Administration (CAC) said in a statement that it made such comments during a meeting with representatives of platforms such as Sina Weibo, Tencent Holdings, Alibaba Group, Baidu, Kuaishou, Meituan and Zhihu.

Chinese regulators launched the campaign last year with a main focus on clearing what they called a “chaotic” culture of celebrity fans.

They banned the platforms from publishing lists of popular celebrities and ordered to regulate fan groups. They also instructed firms to practice self-discipline and better monitor content on their platforms.

During a meeting on Wednesday, CAC Deputy Minister Sheng Ronghua said the campaign, which begins in 2022, should be “specialized, rigorous and practical,” focusing on significant online issues in order to take pragmatic action.

The comments from the CAC come after a difficult year for the once free technology giants, who have been targeted by regulators as part of a campaign to gain more control over the economy after years of unbridled growth.

Investors are watching closely for clues as to whether the worst is over, given how repression has shaken global markets and technology stocks over the past year.

(Brandy Go Report; edited by Toby Chopra, Kirsten Donavan)

Previous articleIn 2021, NFT trade grew 21,000% to $ 17 billion: Report
Next articleUber and Lyft drivers clashed with racers through masks when states revoked mandate