No, the China Securities Regulatory Commission does not care about real-time stock trading data. These real-time transaction data are stored in the data service companies affiliated to the exchange. If it is level 1 market, it is free. If it is level 2 market, a company needs to pay to buy it from these data service companies.
The China Securities Regulatory Commission is a ministerial-level institution directly under the State Council. In accordance with laws, regulations and authorization from the State Council, it uniformly supervises and manages the national securities and futures markets, maintains the order of the securities and futures markets, and ensures their legal operation.