Research on Construction of Regulatory Sandbox for Safety Supervision on Intelligent Connected Products

Abstract

In the context of the explosive development of the global intelligent connected industry, the implementation of inclusive and prudential supervision on intelligent connected products may help to maximize the dividends of innovation-driven development strategies. As an innovation of the supervision system by government departments in the process of balancing innovation and risk, regulatory sandbox provides a forward-looking supervision mode. This paper studies and proposes the ideas for construction of China's regulatory sandbox for safety supervision on intelligent connected products by analyzing the rise, creation and role of regulatory sandbox as well as the challenges faced in the course of safety supervision on intelligent connected products.