In May of 2018, the Beijing FinTech and Professional Service Innovation Demonstration Zone was unveiled, and the construction of a FinTech industrial cluster began in an area of 15 square kilometers at the junction of Xicheng and Haidian District (with the core areas of the peripheral area of the Beijing Zoo in Xicheng District, BeiXiaGuan in Haidian District, and Zhongguancun Street containing about 600,000 square meters of floor space). In January of 2019, the State Council approved the Work Plan for the Comprehensive Pilot of Further Opening up Beijing's Service Industry in All Aspects and designated Beijing FinTech and Professional Service Innovation Demonstration Zone as a "National-Level FinTech Demonstration Zone".

• In August of 2019, the People's Bank of China released the FinTech Development Plan (2019-2021).
• In October of 2018, Beijing issued the Plans of Promoting FinTech Development in Beijing (2018-2022), a first for all cities and provinces in China.

• Guideline on FinTech Innovation and Development in Beijing
• New Opportunities for Financial Opening-up (Relevant Policies of the State and Beijing to Support the Development of the Financial Industry)
• New Guidebook to Help Asset Managers
• Several supporting policy measures

The Beijing FinTech Industry Alliance was launched in October 2019. There are more than 200 members including financial institutions, technology companies, and research institutes, which will focus on the development of FinTech scenarios, the creation of national FinTech standards, and personnel training.

In November of 2019, the construction of the Beijing FinTech Research Institute (BFI) was completed. As a public R&D platform for FinTech in the city, it focuses on tackling key technical problems, resource docking, sandbox science and technology, personnel training, and project incubation.

In 2019, the Beijing Insurance Technology Alliance was founded by BFI to facilitate the collaboration among enterprises and institutions engaged in insurance technology, insurance business, technology and investment, to expand the application scenarios of insurance technologies, and promote high-quality development of the insurance industry. In May of 2020, Beijing FinTech Research Institute and Beijing Insurance Technology Alliance jointly released the 2020 Insurance Technology Insights Report.

Starting from December 2019, Beijing has taken the lead in carrying out Pilot Project of Regulation on FinTech Innovation (PBC Launches Pilot Project of Regulation on Fintech Innovation) . In March 2020, the first 6 projects had been registered and have started to provide services to users. In August 2020, the second 11 projects have been accepted and started to serve users.

Activities include deepening international cooperation in the field of FinTech, implementing the open sharing plan of FinTech, and organizing global FinTech summit activities.

Efforts are made to optimize the business environment, enhance services where FinTech enterprises reside, and rely on the advantages of being the national science and technology innovation center and the national financial management center to attract leading FinTech enterprises and industry talents.