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 their strategic cooperation. Participants in the meeting included Zhang Weiwu, Member of the Party Committee and Vice President of ICBC; Yao Mingde, Member of the Party Committee and Vice President; Song Jianhua, Senior Business Director; 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; and Wang Lixin, Secretary of the Party Committee and CEO of UnionPay International.

ICBC and China UnionPay are each other's important strategic partners and have engaged in extensive, pragmatic cooperation in areas such as bank card issuance, consumption stimulus, mobile payments, payment network construction, and international development, achieving positive results. Both parties will thoroughly study and implement the spirit of the Fourth Plenary Session of the 20th Central Committee and the Central Economic Work Conference. They will focus on serving the nation's financial infrastructure construction and the Digital China initiative, fully leveraging the dual advantages of ICBC's comprehensive financial services and China UnionPay's global payment network to jointly advance the "Five Key Areas of Finance."

The two institutions also signed a comprehensive strategic cooperation agreement. According to the agreement, ICBC will further deepen its collaboration with China UnionPay in areas including financial infrastructure development, consumption stimulus, payment service optimization, and cross-border payment connectivity. The partnership aims to provide comprehensive financial solutions and jointly contribute to building China into a financial powerhouse and promoting high-quality economic development.