Central Bank: Will guide and control interest rates levels according to economic operation, price trends, and macro-control needs.

On July 15th, Deputy Governor of the People's Bank of China, Zou Lan, stated at a press conference held by the State Council Information Office that, in terms of interest rates, the People's Bank of China will guide and regulate interest rates based on the macroeconomic situation, price trends, and the needs of macroeconomic regulation, in order to promote the low-level operation of overall social financing costs.