Southeast Asia Information Port News (www.dnyxxg.com) – On December 26, Liao Lin, Secretary of the Party Committee and Chairman of the Industrial and Commercial Bank of China (ICBC), met with Dong Junfeng, Secretary of the Party Committee and Chairman of China UnionPay, in Beijing. The two sides held working talks on deepening strategic cooperation. Zhang Weiwu, Member of the Party Committee and Vice President of ICBC; Yao Mingde, Member of the Party Committee and Vice President of ICBC; Song Jianhua, Senior Business Director of ICBC; Hu Haozhong, Member of the Party Committee and Executive Vice President of China UnionPay; Tu Xiaojun, Member of the Party Committee and Executive Vice President of China UnionPay; and Wang Lixin, Secretary of the Party Committee and CEO of UnionPay International, also participated in the talks.
ICBC and China UnionPay are important strategic partners, and have carried out in-depth and pragmatic cooperation in areas such as bank card issuance, boosting consumption, mobile payment, payment network construction, and international development, achieving good results. Both sides will earnestly study and implement the spirit of the Fourth Plenary Session of the 20th CPC Central Committee and the Central Economic Work Conference, focusing on serving the construction of national financial infrastructure and the construction of Digital China, and fully leveraging the dual advantages of ICBC's comprehensive financial services and China UnionPay's global payment network to jointly address the "five major challenges" in the financial sector.
The two sides also signed a comprehensive strategic cooperation agreement. According to the agreement, ICBC will further deepen its cooperation with China UnionPay in areas such as financial infrastructure construction, boosting consumption, optimizing payment services, and cross-border payment connectivity, providing comprehensive financial solutions and jointly making greater contributions to building a strong financial nation and promoting high-quality economic development.
