China UnionPay and Huawei signed a strategic cooperation agreement in Shenzhen and jointly released an independent innovation and artificial intelligence action plan. Since the launch of their cooperation in 2020, the two sides have achieved deep synergy in multiple areas, jointly building an open and leading system network, promoting business expansion at home and abroad, and exploring the integration of artificial intelligence and financial technology. This signing marks the entry of their cooperation into a new stage of comprehensive deepening, focusing on key directions, strengthening technological synergy and resource integration, and promoting the intelligent upgrading of financial services through the release of two action plans. In the future, the two sides will continue to uphold the philosophy of openness and mutual benefit, jointly build a digital financial ecosystem, contribute to the construction of a 'financial powerhouse', and drive the high-quality development of the payment industry.