中国银联党委书记董俊峰：正与产业各方一道探索共筑支付产业高质量互信互联新生态

Core Insights - The 14th China Payment and Clearing Forum was held in Beijing, focusing on building a connected payment ecosystem and sharing the future of digital finance [1] - Dong Junfeng, Secretary of the Party Committee of China UnionPay, emphasized the importance of connectivity and collaboration in the payment industry, highlighting significant achievements in payment interconnectivity in recent years [1] - The ideal interconnected ecosystem should break institutional boundaries, promote consensus, and ensure mutual benefits among all parties involved in the payment value chain [1][2] Summary by Categories Vision for Interconnected Ecosystem - The vision includes "harmonious coexistence," where various financial institutions recognize and reward each other's unique contributions without undermining any party's interests [1] - The "blooming competition" vision encourages a shift from price competition to providing high-quality products and services based on unified regulatory standards [2] - The "inclusive openness" vision aims to lower costs for institutions to access networks, thereby enhancing the vitality of the payment network and achieving "Pareto optimality" [2] - The "steady and far-reaching" vision emphasizes that safety and compliance are fundamental principles that must be upheld within the regulatory framework [2] Initiatives by China UnionPay - China UnionPay is collaborating with industry stakeholders to explore a new high-quality interconnected ecosystem, including the establishment of a "new four-party model" to clarify roles and responsibilities [2] - The initiative includes a focus on "going global" by promoting Chinese payment products, brands, and standards in countries and regions along the Belt and Road [2] - There is an effort to develop a "cloud-management-end" system to facilitate resource aggregation, connection, and distribution, ensuring precise matching of supply and demand in the industry [2]