Central Bank: Lowering the interest rates for various types of structural monetary policy instruments by 0.25 percentage points.

People's Bank of China spokesperson and deputy governor Zou Lan stated at a press conference held by the State Council Information Office on January 15 that the various structural monetary policy instruments have been lowered by 0.25 percentage points, with the one-year loan prime rate reduced to 1.25%, and other term rates adjusted accordingly. The improvement of structural tools and increased support will further assist in the optimization of economic structural transformation.