China Central Bank Keeps Benchmark Lending Rates Steady for Eighth Straight Month in January
China left its benchmark lending rates unchanged in January for the eighth consecutive month. This decision maintains the current borrowing costs for loans.
Insights:
The People's Bank of China maintained its benchmark lending rates unchanged for the eighth consecutive month on Tuesday, January 20, 2026. The one-year loan prime rate was kept at 3.0 percent, while the five-year loan prime rate was also held steady at 3.5 percent. This decision directly impacts the financial landscape in China 
CNby ensuring that borrowing costs remain at their existing levels for the majority of the country's credit products.
CNby ensuring that borrowing costs remain at their existing levels for the majority of the country's credit products.
