The central bank solicits public opinions on the "Regulations on the Management of Renminbi Deposit and Loan Interest Rates".

The Zhixin Finance APP learned that on June 5th, the People's Bank of China issued a notice on the public solicitation of opinions on the "Regulations on the Management of Renminbi Deposit and Loan Interest Rates." The "Regulations" consist of four chapters and twenty-nine articles, specifying the scope of application, rules for the calculation and payment of interest on deposits and loans, interest rate conversion and calculation formulas, and the responsibilities of the People's Bank of China and its branches, financial institutions, and other matters. The provisions that have received significant market feedback will be revised.