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Zheng Quan Ri Bao·2025-08-27 16:12

Core Viewpoint - The China Payment and Clearing Association is actively expanding its membership by including various entities from the payment industry, enhancing regulatory standards while also implementing a dynamic membership management system to ensure quality and compliance [1][2][3] Group 1: Membership Expansion - The association has admitted six new members, including Weihai Blue Ocean Bank, bringing the total number of new members in 2023 to 19 [1] - The association has issued three announcements regarding new member admissions this year, with previous admissions including nine entities in January and four in June [1] Group 2: Value of Membership Expansion - The initiative to include diverse entities from the payment industry aims to promote collaboration across the industry chain, enhancing payment services from a single link to a full chain upgrade [2] - The move accelerates the standardization process by unifying technical specifications and safety standards, thereby reducing fragmentation risks in the industry [2] - The inclusion of various types of companies is expected to strengthen industry self-discipline, improve market order, and facilitate communication and cooperation among enterprises [2] Group 3: Membership Management - The association has also increased its management efforts, having canceled the membership of 16 entities this year through five announcements [3] - This dynamic exit mechanism reflects the association's commitment to quality, guiding resources towards institutions with strong technical capabilities and standardized services [3] - The dual approach of expanding membership while enforcing compliance is designed to encourage innovation while controlling risks, transitioning the industry from extensive growth to refined governance [3]