Central bank: The weighted average interest rate for newly issued corporate loans from January to June is approximately 3%.
On July 15, at a press conference of the State Council Information Office, Zou Lan, Vice President of the People's Bank of China, stated that from January to June, the weighted average interest rate for new corporate loans was approximately 3%, about 20 basis points lower than the same period last year; the interest rate for new personal housing loans was about 3.1%, basically the same as the same period last year.
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