Xinhua | Updated: 2025-04-21
BEIJING – China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.1 percent Monday, unchanged from the previous month.
The over-five-year LPR, on which many lenders base their mortgage rates, also remained unchanged from the previous reading of 3.6 percent, according to the National Interbank Funding Center.
External shocks pushing shift of growth model