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]

Group 1 - The Shanghai Cooperation Organization (SCO) summit in Tianjin emphasizes the importance of innovation and digital economy for medium to long-term economic growth and global sustainable development, marking a shift towards a digital economic community [1] - The SCO adopted several key documents, including the declaration on cooperation in the field of digital economy and the action plan for digital transformation, signaling a transition from traditional security alliances to regional cooperation based on digital trust [1] - The rise of the digital economy as a driving force for global growth raises the question of how to overcome the challenges of "identity recognition" in regional cooperation [2] Group 2 - The implementation and application of the Global Legal Entity Identifier (LEI) is a frontier practice in global digital economy governance, serving as an effective tool for digital identity certification [4] - CFCA, a subsidiary of China UnionPay, has been actively involved in the international rules for LEI application, contributing to the establishment of unified technical standards and becoming the first domestic CA institution to join the Global Legal Entity Identifier Foundation [5] - The issuance of internationally recognized vLEI certificates by CFCA will facilitate Chinese enterprises' international operations and enhance their access to global financial services [5] Group 3 - CFCA's development of a comprehensive digital identity solution, known as the "Assured Series," aims to create a trust network that covers the entire chain of regional digital cooperation [8] - The "14th Five-Year Plan" for digital economy development emphasizes the need for unified certification and mutual recognition of digital identities, focusing on a management system that spans the entire lifecycle [10] - CFCA's five-product matrix connects key digital finance processes, establishing a reliable foundation for digital and cross-border finance, thereby enhancing information security [10] Group 4 - The movement towards global identity recognition signifies a critical breakthrough for CFCA and highlights China's growing influence and voice in the realm of global identity recognition [6]