China UnionPay and China CITIC Bank reached a comprehensive strategic cooperation to explore areas such as deep chemical networking, artificial intelligence, blockchain, and big data.

According to the North China Network, on July 11, China UnionPay and China CITIC Bank reached a comprehensive strategic cooperation in Beijing. According to the agreement, the two parties will build an efficient and in-depth cooperation mechanism at the general level, strengthen cooperation in the issuance and acceptance of UnionPay cards, international business, and new cardless platform construction, and comprehensively improve the application level of mobile payment convenience projects. The industry and the rural market will promote the development of inclusive finance, conform to the development of the times, explore deep chemical networking, artificial intelligence, blockchain, big data, etc., and jointly develop new financial technology products for the digital age.