In China，Fintech is expected to used to correct various financial distortions，realize the optimal combination of new financial technology and system，and promote the integration of financial innovation and technological innovation. With the full competition，division of labor and cooperation among various industries，the development of China’s Fintech is deepening in 2018. First，Internet companies and other emerging technical service providers continue to apply new technologies to various fields of financial services，resulting in a number of new financial formats. Major financial enterprises have also used new technologies to improve the quality of financial services. Secondly，in the field of payment and settlement，the regulatory authorities vigorously rectify the market chaos，continuously optimize the institutional structure，and constantly accelerate market opening. Various market subjects continuously promote innovation of products，services and organizational models，in order to actively cope with the income decline brought about by the smaller arbitrage space. Thirdly，the trend of integration of finance and technology is beginning to emerge in financial institutions，which further strengthen the layout in Fintech，promote digital and intelligent transformation，enhance innovation ability，and improve operational efficiency. Fourthly，the development of Blockchain is gradually returning to rationality. The application of Blockchain technology in financial industry is increasing rapidly，and investors are increasingly inclined to invest in projects with specific application scenarios. Fifth，the risk of P2P lending has been exposed rapidly，and the scale of the industry has contracted.