"LPR stays put and there is still downward potential ahead."

On July 21, the People's Bank of China authorized the National Interbank Funding Center to announce the new loan market quotation rate, with the 1-year term at 3.0% and over 5 years at 3.5%, remaining unchanged from the previous period. Industry experts believe that the unchanged LPR this month is in line with market expectations. With factors such as boosting domestic demand, there is still room for the LPR to decrease in the future.