Yi Gang, who was "unexpectedly" appointed as Governor of the People's Bank, had already spoken about Bitcoin in a positive way. This is reported by Cointelegraph.
So, in 2013 he said that the major cryptocurrency cannot be legally recognized by the PBOC in the near future. However, at the same time, he recognized the transactional potential of Bitcoin, adding that, “ordinary people have the freedom to participate.”
In addition, unlike the deputy head of the People's Bank, who said last December that Bitcoin was destined to "die" Gang said that the crypto currency would attract public attention for a long time.
According to Tommy Xie who represents China in Singapore's OCBC Bank, for several years now the new governor has made a significant contribution to the country's economic reforms.
Currently, China's policy towards the crypto-currencies remains unchanged - the country is banned ICO and any exchanges.