The document discusses 8 trends in the blockchain and cryptocurrency market in China for 2019. The trends include: 1) The Chinese government has a complex relationship with blockchain and cryptocurrency where it both supports development but also increases regulation. 2) China is exploring developing its own central bank digital currency. 3) Chinese exchanges drive a large volume of global cryptocurrency trades. 4) China dominates Bitcoin mining globally. 5) Blockchain adoption is growing among large Chinese companies like Baidu, Alibaba, and Tencent. 6) Blockchain investment in China is shifting to later stage companies. 7) Consumer focused blockchain protocols and tokens are more popular in China. 8) ICOs have been replaced by IEOs (Initial