The People's Bank of China left its key lending rates at record lows for a 16th straight month in September 2026, even as the yuan continued to strengthen and some central banks raised interest rates, in line with expectations. The decision reflected caution over the impact of the conflict in the Middle East, although exports remained strongly supported by AI-related demand. The one-year loan prime rate (LPR), the benchmark for most corporate and household borrowing, was kept at 3.0%, while the five-year LPR, a reference rate for mortgages, remained at 3.5%. Meanwhile, industrial production growth accelerated, while retail sales growth eased and fell short of expectations. New yuan loans extended returned to growth in August, though below forecasts, as weak demand from the household and corporate sectors continued to weigh on credit growth. Housing prices continued to decline in August, though the pace of contraction was the softest in eight months, supported by government measures. source: People's Bank of China
The benchmark interest rate in China was last recorded at 3 percent. Interest Rate in China averaged 4.28 percent from 2013 until 2026, reaching an all time high of 5.77 percent in April of 2014 and a record low of 3.00 percent in May of 2025. This page provides the latest reported value for - China Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. China Loan Prime Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.
The benchmark interest rate in China was last recorded at 3 percent. Interest Rate in China is expected to be 3.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Loan Prime Rate is projected to trend around 3.00 percent in 2027, according to our econometric models.