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SHANGHAI - China has launched a multi-pronged crackdown on its tech companies, leaving startups and decades-old firms alike operating in a new, uncertain environment.
Here are sectors that are facing regulatory pressure:
Chinese regulators have slashed the amount of time players under the age of 18 can spend on online games to an hour of gameplay on Fridays, weekends and holidays, in response to growing concern over gaming addiction, state media said on Monday.
China's State Administration of Market Regulation (SAMR) said on Monday it would further regulate the sharing economy, a sector which includes companies facilitating ride-sharing, bike-sharing, home sharing and even the pooling of battery packs for phones.
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China is framing rules to ban internet companies whose data poses potential security risks from listing outside the country, including in the United States, according to a person familiar with the matter.
The ban is also expected to be imposed on companies involved in ideology issues, said the person, declining to be identified as the matter is private.
China is building its own state-backed cloud system, "guo zi yun", which translates as "state asset cloud", in a direct threat to tech giants such as Alibaba, Huaweiand Tencent Holdings.
The Chinese city of Tianjin has asked municipally controlled companies to migrate their data from private sector operators like Alibaba Group and Tencent Holdings to a state-backed cloud system by next year, according to a document seen by Reuters.
China is seeking to tighten oversight of the algorithms tech companies, including e-commerce companies and social media platforms, use to target users.
The Cyberspace Administration of China said in a statement on Friday that companies must abide by business ethics and principles of fairness and should not set up algorithm models that entice users to spend large amounts of money or spend money in a way that may disrupt public order.
In April, the State Administration of Market Regulation imposed a record fine of $2.75 billion on Alibaba for engaging in the practice of "choose one from two", in which an e-commere platform bars vendors from selling on rival sites.
The regulator has also imposed fines on smaller companies for other practices related to consumer rights and labour.
In May, it fined rival JD.com 300,000 yuan for promoting false information about its food products.
The regulator has also ordered China's food delivery companies to provide better protection for workers.
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