$HYPE China's corporate loan interest rate in May remained at 3.0%, down 25 basis points year-on-year. According to Jin10 Data, China's corporate loan interest rate in May still stayed at a low level of 3.0%, a decrease of 25 basis points compared to the same period last year. Since the second half of 2018, the central bank has lowered the statutory reserve requirement ratio 18 times, and in 10 of those adjustments, it has cumulatively lowered the policy interest rate by 115 basis points to support the continuous transmission of monetary policy through the banking system and financial markets.

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