Group 1 - The core viewpoint of the articles indicates that the Loan Prime Rate (LPR) has remained unchanged for seven consecutive months, with the 1-year LPR at 3.0% and the 5-year LPR at 3.5%, reflecting a stable lending rate environment [1] - The People's Bank of China (PBOC) has shifted its monetary policy language from "strengthening counter-cyclical adjustments" to "doing a good job in both counter-cyclical and cross-cyclical adjustments," suggesting that the peak of economic pressure has passed [2] - The average interest rate for newly issued corporate loans in November was approximately 3.1%, down about 30 basis points year-on-year, indicating that loan rates are at historically low levels [3] Group 2 - The PBOC has indicated that it will continue to implement moderately loose monetary policies in the coming year, utilizing various tools such as reserve requirement ratio (RRR) cuts and interest rate reductions to support low financing costs [3] - Analysts expect that potential new rounds of RRR cuts and interest rate reductions in the next year will lead to further decreases in LPR, stimulating internal financing demand [3] - The central bank's efforts to maintain a smooth interest rate transmission mechanism have contributed to the decline in overall financing costs for society [2]
今年最后一期LPR维持不变 明年仍有下降空间
Zheng Quan Shi Bao·2025-12-22 18:00