
“The internet does not operate outside of the law... the CAC will seriously implement the new cybersecurity law and other regulations to increase territorial supervision and enforcement efforts regarding the internet”, the Cyberspace Administration of China (CAC) said.
The statement does not mention the exact sum of the penalties, but under the rules cited in the notice, individuals in charge of the platforms and others directly involved face a maximum penalty of CNY 100,000 (approximately USD 15,110) each. The law also stipulates that offending platforms can have their licenses revoked and their services suspended for failing to comply.
The companies will also be required to undertake immediate rectifications to remove illegal content and accounts as well as increase content auditing measures.