Interest rates have bottomed out at around 2.3%, banks are competing in various ways to attract business loan customers.

"The current operating loan interest rates are quite low. If your business is doing well, we can offer rates as low as 2.3% to 2.4%. If you need it, you can come to the bank to find me, or we can communicate by phone." Chen Xuyang, a personal loan manager at Ping An Bank in Beijing, told reporters that loan interest rates vary depending on the scope of business operations, monthly turnover, and other factors. With weak demand for mortgage loans and pressure on retail business, many banks are focusing on small and micro-business owners, competing to attract operating loan customers. Research by reporters found that as the year-end "sprint" approaches, operating loan interest rates continue to fall, with many banks offering rates below 2.5%. Ping An Bank, and Zhuhai CR Bank have pushed their operating loan rates to historical lows of around 2.3%. Xiao Peng, a personal loan manager at Zhuhai CR Bank in Shenzhen, said that the bank could offer an operating loan rate as low as 2.35%, with a maximum limit of 20 million RMB, and support various repayment methods such as equal principal and interest, equal principal, and interest first. When asked about the loan requirements, Xiao Peng stated that the client's company must be established for at least 1 year and must have property in Shenzhen that can be used as collateral. Although the annual turnover should be at least half of the loan amount, there is flexibility, and personal turnover can be supplemented if the company turnover is insufficient."