Business
2023.06.20 22:37 GMT+8

BizBeat Ep. 676: China cuts LPR to further boost economic recovery

Updated 2023.06.20 22:37 GMT+8
CGTN

China's one-year and above five-year loan prime rate, or LPR, a market-based benchmark lending rate both dropped on Monday, giving a boost to the real economy. However, there remains considerable pressure for domestic structural adjustment. To fully support the real economy, central departments have proposed a series of policy measures to enhance development momentum, and promote sustainable economic recovery. In this episode of BizBeat, CGTN's Zhu Zhu explains.

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