It is reported that the new governor is kind of friendly to the bitcoin.

He stated that he is inspired by bitcoin in running the financial system in 2013.

He was a professor at US Indiana University in 1986.

But my personal understanding is the government will not open the free market for the bitcoin. One possible approach is to open a centralized exchange to list the only selective tokens as a way to encourage innovation.

You may find the most updated information from China and beyond by https://t.me/oneminute_crypto_news.