The release from the People's Bank of China, was heavily misinterpreted [...] Said statement, explicitly states that individuals and non-government businesses can transact freely with Bitcoin.

"goods and services cannot be priced and cannot be paid for in bitcoin [...] essentially if bitcoin is not a currency in China ... as a state only recognizes one single currency which is the RMB. therefore all merchants, stores and services can only accept the RMB and since bitcoin is not a currency and not a recognized currency so it's actually a logical conclusion that China for now will not allow goods and services to be sold and paid for by bitcoin" Bobby Lee (CEO of BTC China)"