Recall the People’s Republic of China’s 2017 National Intelligence Law that requires all PRC-domiciled businesses, and by extension, the companies which those businesses control that are domiciled in non-PRC nations, to provide, even to actively seek out, any and all information that the PRC’s intelligence community wants those businesses to produce.

Now the PRC is moving to streamline that process.

China is set to create a new government agency to centralize the management of the country’s vast stores of data, as Beijing seeks to address data-security practices by businesses and streamline its regulatory structure.
The new national data bureau is set to become the top Chinese regulator on various data-related issues, people familiar with the matter said, in a shift from the current structure in which multiple ministries share oversight.

And this:

If established, the agency…[would] set and enforce data-collection and sharing rules for businesses, or vet the data that domestic companies plan to share with foreign business partners to check for potential national-security breaches….

Carefully omitted is that tie-back to the intelligence collection law. In addition to streamlining control of domestic data collection and dissemination, this centralized agency would streamline the intelligence community’s use of PRC businesses for espionage.