China’s Fintech Reforms 2025: Sandbox Expansion and Compliance Ease

China’s fintech landscape is undergoing its most significant transformation since the post-2020 regulatory tightening. In 2025, the government has adopted a balanced reform model that reopens innovation channels for startups while ensuring financial stability. The expansion of regulatory sandboxes, combined with eased licensing

China’s Fintech Reforms Ease: Central Bank Welcomes Innovation Again

China’s fintech sector is regaining momentum after years of regulatory tightening. In 2025, the People’s Bank of China (PBoC) introduced a new reform framework designed to balance oversight with innovation, signaling a fresh chapter for digital finance. These reforms are aimed at rebuilding