UnionPay has set up branch institutions in key provinces and cities domestically, and it has partners in 61 countries and regions overseas. Whether ChinaPay develops domestically or makes forays into the international arena, these advantages will play an invaluable role.
It is foreseeable that ChinaPay, which has every intention of becoming a "national team," will take many actions this year. This will increasingly stimulate the fiercely competitive market.