Elon Musk, China's World Internet Conference speaker, said that Tesla was happy to see new laws regarding data security.
He stated that data security was key to the success and safety of connected intelligent vehicles on Sunday.
Musk's collaboration tone was despite the fact that China's most powerful tech giants were suffering huge losses.
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Elon Musk, speaking at China's World Internet Conference on Saturday, stated that Tesla was happy to see new laws related to data management.
Musk did not specify whether his comments were about China's strict data privacy law. However, he said that Tesla's data center in China localizes all data for businesses.
Beijing has been working to tighten regulations for many months in order to restrain the power of big tech.
The Personal Information Protection Law of the Nation, which will be in effect on November 1, sets out rules for better storage and conditions that companies can use to gather user data.
Musk stated in prepared remarks that data security was crucial to the success and safety of intelligent and connected cars. It's not just important for an individual's interest, it also matters for the entire society.
He said, "At Tesla we are pleased to see a variety of laws and regulations that were released to strengthen data handling."
He stated that all personally identifiable information was stored securely in China and not transferred abroad. Data can only be transferred internationally in rare circumstances, such as orders for spare parts or overseas orders.
He said that data protection should not be an exclusive concern of one company, but rather be a collaborative effort by all players in the industry. He said, "We are working with regulators to find the best solution for data protection."
China accounts for 30% of Tesla's total sales in the second quarter of this year.
China's Vice President Liu stated that President Xi Jinping had promised to work with other countries to create a vibrant digital economy. He also said that effective supervision will be a key part of the summit.
The event was also attended by other US business leaders, including Pat Gelsinger (CEO of Qualcomm), Cristiano Amon (CEO of Intel) and Qualcomm CEOs, Qualcomm.
Musk's collaboration tone was despite the difficult times the Chinese tech sector is going through. Investors reacting to Beijing's new rules have wiped billions off the personal wealth of some of China's most powerful tech leaders, such as Jack Ma and Colin Huang from Pinduoduo.
