1月19日起下调再贷款利率

Group 1 - The People's Bank of China (PBOC) announced a reduction in the re-lending and re-discount rates by 0.25 percentage points, effective from January 19 [1] - The new rates for re-lending to support agriculture and small enterprises are 0.95% for 3 months, 1.15% for 6 months, and 1.25% for 1 year, while the re-discount rate is set at 1.5% [1] - The PBOC will increase the re-lending quota for agriculture and small enterprises by 500 billion yuan, and establish a 1 trillion yuan re-lending quota specifically for private enterprises [1] Group 2 - The PBOC decided to increase the re-lending quota for technological innovation and technological transformation by 400 billion yuan, bringing the total to 1.2 trillion yuan [2] - From 2026, private small and medium-sized enterprises with high R&D investment levels will be included in the support for technological innovation and transformation [2] - Projects related to energy-saving renovations, green upgrades, and low-carbon energy transitions will be included in the carbon reduction support tool, with an annual operation limit of 800 billion yuan [2]