Group 1 - The Shanghai Cooperation Organization (SCO) summit in Tianjin emphasizes the importance of innovation and digital economy for long-term economic growth and global sustainable development, marking a shift towards a digital economy community [1] - The SCO adopted several key documents, including the declaration on cooperation in the digital economy and the digital transformation action plan, signaling a transition from traditional security alliances to regional cooperation based on digital trust [1] - The implementation of the Global Legal Entity Identifier (LEI) is highlighted as a crucial tool for addressing the challenge of "identity recognition" in the digital age, facilitating international cooperation [1] Group 2 - China UnionPay's subsidiary, CFCA, has been actively involved in the international rules for LEI application, having contributed to the drafting of ISO17442-2 standards and becoming the first domestic CA institution to join the GLEIF CA group [2] - CFCA is authorized as the first domestic and third global vLEI issuing institution, enabling it to provide internationally recognized vLEI credentials to Chinese enterprises, thus enhancing their global financial service access [2] Group 3 - The financial national standard GB/T42495.2-2025, which integrates LEI with digital certificates, has been officially implemented, providing a secure and reliable identity verification method for financial transactions [4] - This development signifies a key breakthrough for CFCA in establishing a global digital identity interconnectivity framework and enhances China's influence in the global identity recognition domain [4] Group 4 - CFCA's "Assured Series" product matrix is designed to create a trust network that covers the entire chain of regional digital cooperation, positioning LEI digital certificates as foundational elements of global digital identity [5] - The "14th Five-Year Plan" for digital economy development emphasizes the need for unified digital identity certification and mutual recognition of electronic certificates, aiming to establish a comprehensive management system [7] Group 5 - CFCA's digital identity solution encompasses five key areas: identity verification, electronic certification, electronic contracts, judicial evidence, and data security, ensuring comprehensive coverage of digital financial services [7] - The solution aims to build a trustworthy identity and information security foundation for digital finance, cross-border finance, and inclusive finance, reflecting the importance of trust in the interconnected world [7]

Core Insights - The 2025 China International Service Trade Fair (CIFTIS) will be held from September 10 to 14 in Beijing, focusing on service trade development trends and featuring various exhibition segments [1] - The Beijing Commercial Cryptography Industry Association will lead a commercial cryptography technology exhibition at CIFTIS, showcasing the capabilities and technologies of leading commercial cryptography enterprises in the Beijing-Tianjin-Hebei region [1] - CFCA, in collaboration with the Beijing Commercial Cryptography Industry Association and 18 other commercial cryptography companies, will promote its "CFCA Financial Trusted Digital Identity Application" at the fair [1][2] Industry Overview - The emergence of a "physical-information-society" digital environment highlights the importance of trusted digital identities for secure interactions in the digital realm [2] - Digital finance demands secure and verifiable digital identities to prevent identity theft and privacy breaches [2] CFCA's Digital Identity Solutions - CFCA has developed a comprehensive digital identity lifecycle management solution, which includes five core platforms: Anxin Yan, Anxin Zheng, Anxin Qian, Anxin Su, and Anxin Lian [2][10] - Anxin Yan provides multi-dimensional identity verification services using authoritative data sources and advanced technologies like facial recognition and OCR [4] - Anxin Zheng offers third-party certified identity credentials, enabling users to perform electronic signatures securely [5] - Anxin Qian is a lightweight SaaS platform for electronic contract signing, facilitating various types of agreements [6] - Anxin Su serves as a comprehensive judicial service platform for evidence preservation and management [8] - Anxin Lian provides commercial cryptography products to ensure data security across online operations [9] CFCA's Position and Future Plans - CFCA, established in 1998 under the guidance of the People's Bank of China, aims to become a leader in trusted digital identity services [10] - The organization plans to leverage its technological expertise and ecological advantages to support the development of the digital economy and enhance financial security [10]