This is a welcome move by China. Besides addressing it legislation to cover country specific issues, hopefully China will also address the lacunae in the GDPR. Here is a blog post which discusses 5 loopholes in the GDPR: https://medium.com/mydata/five-loopholes-in-the-gdpr-367443c4248b
The GDPR approaches the subject of data protection and privacy assuming that the controllers and processors have certain conditional rights which can be modified by the data subjects. It does not expressly specify what kind of rights (i.e. whether property rights or personal rights) these are but it can be inferred from the construction of the regulations that the rights are rights in personam and are not property rights.
We believe that sooner or later as data becomes more and more valuable, this will prove inadequate and governments may be pressured to give data subjects property rights in the data or create collective rights in data.
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