In 2019，there are several characteristics in the development of China’s FinTech. First，with the gradual strengthening of FinTech plan by the Chinese government，the basic system and infrastructure for the development of FinTech continue to improve，and the development goals，roadmap and main line become clearer. Second，the risks of Internet Finance have been effectively controlled due to the work of special renovation. Third，commercial banks pay more attention to the new trend brought by the Internet，adhere to the innovation of business mechanism and development model，and emphasize the role of FinTech in the strategic transformation. Fourth，effective measures have been taken to meet the new challenges brought by Libra. Fifth，many institutions have begun to actively explore the Opening Banking，but the degree of opening is still low. Looking forward to the future，the supporting role of FinTech in China’s financial development will be further revealed，and safety and compliance should be the lifeline of the innovation of FinTech in China.