China Banknote Digital Currency Proposal Passed Review in Beijing, ICBC, Huawei and Others Participated in the Meeting

On July 22, 2016, the second meeting of the first council of Beijing Mobile Financial Industry Alliance was held at the Agricultural Bank of China Head Office.

China Banknote Credit Card Industry Development Co., Ltd. (hereinafter referred to as China Banknote Credit Card) attended the meeting as a vice chairman unit and submitted and passed the proposal to " promote research and cooperation in the field of digital currency of the Beijing Mobile Financial Industry Alliance ."

It is reported that the chairman unit China Financial Electronicization Corporation attended the meeting. In addition to China Banknote Credit Card, the vice-chairman units Industrial and Commercial Bank of China, Huawei, and BGI attended the meeting. All representatives of the director units Agricultural Bank of China, Bank of China, China Construction Bank, China UnionPay and others attended the meeting. Supervisory units Xunlian Zhifu and CICC Guosheng attended the meeting as observers.

Yang Qian, Deputy Secretary-General of the National Financial Standardization Technical Committee (NFSC) and General Manager of CICC Guosheng Standards Department, presided over the meeting.

Yang Qian, Deputy Secretary-General of the China Securities Regulatory Commission, presided over the meeting

Zhang Xiuping, Deputy Director of the Technology and Product Management Bureau of the Agricultural Bank of China, delivered a welcome speech

Alliance Chairman Chen Bo gave a speech

Zhang Ying, Deputy General Manager of ICBC Technology Department, delivered a speech

Secretary General of the Alliance Bantinglun gave a speech

The Secretariat reported to the Board of Directors on the Alliance's second quarter work; the Board of Directors reviewed and approved the Alliance's work system and the Alliance's 2016 annual revenue and expenditure budget; the Board of Directors listened to the recruitment of the Alliance's second batch of members and voted on the applicants; the Board of Directors reviewed and approved the industrial alliance work proposals put forward by Industrial and Commercial Bank of China Limited, China Banknote Credit Card Industry Development Co., Ltd., and China Electronics Anjie Technology Co., Ltd.

Participating Units

China Financial Electronicization Corporation Industrial and Commercial Bank of China Agricultural Bank of China Bank of China China Construction Bank China Bank Credit Card Industry Development Co., Ltd. Huawei Technologies Co., Ltd. Beijing CEC HuaDa Electronic Design Co., Ltd. China UnionPay Co., Ltd. Wuhan Tianyu Information Industry Co., Ltd. Hengbao Co., Ltd. Infineon Integrated Circuit (Beijing) Co., Ltd. NXP (China) Management Co., Ltd. Eastcompeace Technology Co., Ltd. Gide (China) Information Technology Co., Ltd. Shenzhen Oberthur Card Systems Technology Co., Ltd. Beijing Branch Shenzhen Xunlian Zhifu Network Co., Ltd. Beijing CICC Guosheng Certification Co., Ltd. China Electronics Anjie Technology Co., Ltd. (Proposer)

Related News

On March 18, 2016, the "Beijing Mobile Financial Industry Alliance" jointly initiated by China Financial Electronicization Corporation, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, China UnionPay, Huada Semiconductor Co., Ltd., China Banknote Credit Card Industry Development Co., Ltd., Wuhan Tianyu Information Industry Co., Ltd., Hengbao Co., Ltd., and Huawei Technologies Co., Ltd. held its founding conference in Beijing, aiming to promote the healthy development of the mobile financial industry.