The central bank: Starting from May 7th, the re-lending interest rate will be lowered by 0.25 percentage points.

According to the China Securities Journal APP, on May 7th, the People's Bank of China decided to lower the re-lending rate. Starting from May 7, 2025, the re-lending rate is lowered by 0.25 percentage points. After the adjustment, the re-lending rates for 3 months, 6 months, and 1 year for agriculture and small business loans are 1.2%, 1.4%, and 1.5% respectively. The mortgage supplementary loan rate is 2.0%, and the rate for special structural monetary policy tools is 1.5%.