Blue Book of Digital Finance (2025)

Background of Release

The *Blue Book of Digital Finance (2025)* was released on January 10, 2026, at the Annual Conference of the Chinese Alliance for Innovation of Independent Knowledge Systems in Digital Economics by Professor Lanbiao Liu, Director of the FinTech Research Center at the School of Finance, Nankai University. The conference brought together universities, research institutes, industry organizations, and publishers to deliberate on digital finance innovation and the construction of an independent knowledge system in digital economics.

Overall Objectives

Centered on the theme of high-quality digital finance development, the Blue Book pursues four key objectives: deepening digital technology applications, advancing business model innovation, underpinning digital economic growth, and optimizing the digital finance environment.

Four Analytical Dimensions

The research examines the development and governance of China's digital finance through four dimensions: theoretical innovation, technological innovation, business model innovation, and governance innovation, alongside a review of global developments. Technological and business model innovations address how digital finance fosters new business forms, while theoretical and governance innovations focus on development boundaries, regulatory environments, and risk management.

Strategic Positioning

By integrating domestic practices, international trajectories, and governance challenges into a coherent analytical structure, the Blue Book delivers an annual assessment for theoretical research, policy deliberation, and industry practices in digital finance, contributing to the independent knowledge system of digital economics.