China ups tech innovation relending quota

China has expanded its special relending facility for sci-tech innovation and technological upgrades, increasing the quota from 800 billion yuan (US$114.81 billion) to 1.2 trillion yuan. The policy now also extends support to private small and medium-sized enterprises with strong investment in research and development.

January 16, 2026

China's overall financing costs continue to decline

China's overall financing costs have continued to decline since the second half of 2018, following multiple policy rate cuts and stronger policy implementation. The weighted average rates on both new corporate loans and new personal housing loans fell to around 3.1% in December 2025, according to official data on Thursday.

January 16, 2026

China to cut rates, commercial property down payment to support growth

China on Thursday announced a series of measures to support growth and facilitate structural improvements, including cuts to interest rates and the down payment ratio for commercial property mortgages.

January 15, 2026

China still has room for RRR and interest rate cuts, central bank says

China still has room for cuts in the reserve requirement ratio and interest rates this year, with a firm yuan performance and stabilizing bank net interest margins providing the scope, said Zou Lan, vice-governor of the People's Bank of China.

January 16, 2026

PBOC cuts rates on targeted monetary tools

China will cut interest rates on targeted monetary policy tools and expand related quotas to spur lending in key areas and improve market expectations, underscoring policymakers' resolve to support a solid economic start to the 15th Five-Year Plan (2026-30) period, officials and experts said.

January 16, 2026

China to reduce interest rates to encourage lending

China will reduce the interest rates of various structural monetary instruments by 0.25 percentage points in order to boost lending, with the one-year interest rate on various central bank lending facilities to be lowered from the current 1.5 percent to 1.25 percent, Zou Lan, vice-governor of the People's Bank of China, said.

January 16, 2026