The new loan market quoted interest rate (LPR) was released on December 22nd, and the LPR for 1-year and 5-year and above terms has not been adjusted. On the same day, the People's Bank of China authorized the National Interbank Funding Center to announce that the 1-year LPR is 3%, and the LPR for 5-year and above is 3.5%. LPR is the main reference benchmark for loan interest rate pricing, which is released regularly every month. Since June this year, LPR has not been adjusted, but the interest rates for newly issued loans have remained low. The data shows that the weighted average interest rate for new loans (in domestic and foreign currencies) issued by enterprises in November was 3.1%, which was about 30 basis points lower than the same period last year; The weighted average interest rate for newly issued personal housing loans (in domestic and foreign currencies) is 3.1%, which is about 3 basis points lower than the same period last year. (New Society)