Hmmmm. I don't quite get it, China have pronounced already that crpytos in general is not recognized in China and that it would be illegal.
So I can't seem to grasp why the sudden good news in China, this could be a fake news or maybe, just maybe they have a change of heart and opinion about cryptos. Maybe they will start by sorting out good from bad ICOs as reflected in the news.
If this is legit, then it is good news for the crypto community.