Chongqing Municipal Market Interest Rate Pricing Self-discipline Mechanism Holds Work Conference.

The work meeting of the Chongqing market interest rate pricing self-discipline mechanism was held on May 14. The meeting emphasized the need to correctly understand the relationship between interest rate marketization and interest rate self-discipline management, give full play to the important role of the market interest rate self-discipline mechanism, strengthen the implementation of interest rate policies, ensure smooth policy rate transmission, and continuously improve the quality and efficiency of financial services to the real economy. Maintain market competition order, guard against "internal competition." Implement recent price-based policies well, and continue to pass on benefits to entities. Implement the pilot work of clearly stated comprehensive financing costs for loans, and make joint efforts to reduce comprehensive financing costs.